Liquor License
Transfers
Definition: The act of
buying or selling a liquor
license.
Liquor license transfers are
unique and can be complicated in nature. Your Escrow
Officer must work closely with the Alcoholic Beverage
Control (ABC) to facilitate the recording of the notice
to creditors and the transfer of the liquor license.
AGAIN, IT IS VERY IMPORTANT that your Escrow Officer have
the expertise and know how of these types of escrows as
it is essential to the success of a smooth
transaction.
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