Transferring an already registered domain entails switching the registrar that provides the domain registration service, so after the transfer itself, you’ll have to manage things like renewal fees or DNS resource record modifications through the new domain name registrar. The transfer procedure is standard with most generic and country-code top-level domain name extensions. Certain country-code extensions are more specific and involve different procedures, but in the general case transferring a domain name involves several necessary procedures and one of them is unlocking the domain name. The lock is a safety option, which is being adopted by more and more registry operators. It’s a standard feature supported by all generic Top-Level Domains. If a domain is locked, it won’t be possible to initiate a transfer process, so no one can even attempt to steal 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 the moment they are registered.