Transferring an already registered domain name entails changing the domain name registrar that provides the domain name registration service, so after the transfer itself, you will have to manage things like renewal fees or DNS record modifications through the new company. The transfer procedure is standard with most universal and country-specific Top-Level Domain extensions. Certain country-code extensions are more specific and entail different steps, but in the general case transferring a domain name involves a few basic procedures and one of them is unlocking the domain name. The lock is a security option, which is being embraced by more and more domain name registry organizations. It’s a default feature supported by all generic TLDs. If a domain name is locked, it will not be possible to initiate a transfer process, so no one can even attempt to register your domain name. The lock can be removed only through the account where the domain name is registered and all new domains that support this functionality are locked by default when they are registered.