Transferring an existing domain name involves switching the domain registrar that provides the registration service, so after the transfer, you’ll have to manage things like renewal payments or DNS entry modifications through the new company. The transfer process itself is standard with most generic and country-code Top-Level Domain extensions. Certain country-code extensions are more specific and involve different steps, but in the general case transferring a domain involves several basic steps and one of them is unlocking the domain name. The domain lock is a safety feature, which is being embraced by more and more registry operators. It’s a default feature supported by all generic TLDs. If a domain name is locked, it will be impossible to initiate a transfer process, so no one can even try to snatch your domain name. The domain lock can be removed only through the account where the domain is registered and all new domains that support this option are locked by default the moment they are registered.