Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I hold a current Master licence and I am going to sell my business. Does this licence transfer to the new owner when the sale is completed?

April 26, 2017Business going hold licence master owner sell transfer

0

Posted

I hold a current Master licence and I am going to sell my business. Does this licence transfer to the new owner when the sale is completed?

1 Answer

0

Posted

No. The new owner will need to apply for a Master licence for that company. An issued licence confers no right of property and is not able to be transferred.