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Domain Name Transfer
People often confuse transferring with changing their domain name server address. Transferring your domain is typically done when you sell your domain name to someone else or you change your registrar company, i.e., from GoDaddy to Namecheap, etc. Going back to the analogy, this would be like selling your house and then you have to register that sale with the county or provincial government body.
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RobertBaines
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If a person buys a domain name w/WA but stops subscribing to WA, do they keep the domain name at the same price each year? Or do they lose the domain name, when they quit WA?