Transferring the registration of a domain name will remove the domain name from your list of registered domain names and instead place it in the new registrant's account. To complete the change of registration process, the new registrant must follow the instructions sent to him/her via email.
To change the registrant of a domain:
Step 1:
Log in to the DomainNameCom.com Account Manager.
Step 2:
Select Manage Domains from the Domain Names dropdown menu or from the Manage Your Account list.
Step 3:
Select the domain name you wish to modify by checking the box next to it, then click the Change Account button.
Step 4:
Next, enter the new registrant's information under the Registrant heading on the right side of your page and click the Save Changes button at the bottom.
More about registering and managing domain names ...