Final answer:
Changing your business address and paying the fee does not extend your license term; it will expire at the end of the original period. Update your address with the DMV on your identification documents, and complete a new voter registration card if moving to a new county.
Step-by-step explanation:
When you change your business address and send in the required fee, the expiration date of your new license remains the same as the expiration date of your previous license; it doesn't extend the license's term. Regardless of the address change, your new license will expire at the end of the original license term you were given. This is a standard procedure for most licensing agencies.
To update your address with the DMV, you must enter the information as shown on your California driver license, ID card, or vehicle registration card. You should type or write your new address on a piece of paper, sign and date it, and keep it with your identification documents. Additionally, commercial drivers must maintain a California residence address, or their license will be downgraded.
If the address change involves moving to a new county or you need to update your voting address, you must complete a new voter registration card. The DMV provides the necessary forms, or you may contact the Secretary of State's office for assistance.