The California Alcoholic and Beverage Control (ABC) requires an escrow for all liquor license transfers. The Escrow Officers at Secured Trust Escrow are experienced and knowledgeable with the requirements of ABC for different types of liquor license transfers. Our team of escrow professionals work with the buyers, sellers, expeditors, and the ABC officers to get the transfer of the license completed expeditiously.
Even though a liquor license cannot be permanently attached to any property, it is nonetheless considered property in California. The California Department of Alcoholic Beverage Control requires that the transaction be completed through an escrow agency. Escrow provides both the seller and the buyer with transaction transparency. Contact us now to get started.