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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.