Web hosting Glossary

Definitions of domain name transfer:

• The term 'transfer' refers to when Domain names are sold to another individual or organization or the name of a company might change. The Registrar has a process by which permission from the old owner is required to hand over control to the new owner. The procedure for change of ownership is known as a Registrant Transfer.
  www.1stdomain.net/info/glossary.html
• To renew a Domain Name with a registrar who was not the registrar who originally provided the registration service, an owner must first transfer sponsorship of the Domain Name to the new registrar. The owner does not surrender ownership of the name, the registrar of record is all that changes. Each registrar has its own rules for transferring a Domain Name to them, so it is important to understand those rules before attempting a transfer. ...
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