Final answer:
If a licensee and their business partner decide to sell a commercial property held as tenants in common, the licensee must obtain agreement and cooperation, adhere to legal requirements, and ensure rightful ownership for contracts.
Step-by-step explanation:
If a licensee and their business partner decide to sell a commercial property that they hold as tenants in common, the licensee must:
- Obtain the agreement and cooperation of the business partner.
- Adhere to any legal requirements for selling the property, such as obtaining an accurate property title.
- Ensure that all individuals or firms who want to enter into a contract for the property are the rightful owners.