Transferring an active domain name entails switching the registrar company that handles the domain name registration service, so after the transfer itself, you will have to manage things like renewal payments or DNS entry updates through the new registrar company. The transfer procedure is standard with most generic and country-code top-level domain name extensions. Some country-code extensions are more specific and entail different steps, but in the general case transferring a domain name involves several basic procedures and one of them is unlocking the domain name. The domain lock is a safety feature, 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 will not be possible to start a transfer procedure, so no one can even attempt to steal your domain name. The domain lock can be annulled only through the account where the domain name is registered and all new domain names that support this functionality are locked by default the moment they are registered.
