City Code Section
- A. Except as provided in this Section, no license will be transferable from one person to another.
- B. The Division may allow transfer of a license for the balance of its term to a successor or transferee who continues the acts that constituted property management activity requiring a license under this Chapter. Any transfer will be reported to the Division in writing or on a form provided by the Division and will be effective on the date that engagement with property management activity changes as defined in this Chapter. The licensee engaged in property management activity prior to the change will be responsible for any license fee installments which were due prior to the change as well as any installments that were due after the change but were paid prior to the change. The entity engaged in property management activity after the change will be responsible for installments which become due after the change unless paid by another entity prior to the change.