Transferring an already registered domain name involves switching the domain registrar that provides the domain registration service, so after the transfer itself, you’ll have to manage things like renewal fees or DNS entry modifications through the new domain name registrar. The transfer procedure itself is standard with most domain name extensions. Some country-code extensions are more specific and involve different steps, but in the general case transferring a domain involves a few basic procedures and one of them is unlocking the domain. The lock is a safety feature, which is being adopted by more and more domain name registry organizations. It’s a default feature supported by all generic top-level domain names. If a domain is locked, it won’t be possible to initiate a transfer process, so nobody can even attempt to snatch your domain name. The lock can be removed only through the account where the domain is registered and all new domains that support this feature are locked by default when they are registered.