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		What’s the process for passing licenses onto a buyer post-sale? 
	
	
	
	
	
 
 
	
	
	
		
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		Some licenses are non-transferable, so the new owner might have to reapply with the regulator.
	
	
	
	
	
 
 
	
	
	
		
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		If the license allows transfer, you still need to update the regulatory body about changes in ownership.
	
	
	
	
	
 
 
	
	
	
		
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		I usually factor in the time and cost of this transfer, as it can delay the official closing.