Final answer:
A real estate license cannot be transferred to another person.
Step-by-step explanation:
In most jurisdictions, a real estate license cannot be transferred to another person. It is attached to the individual who obtained the license and is not transferable. This means that the person who holds the license is the only one authorized to engage in real estate activities.
For example, if John Smith holds a real estate license, he cannot transfer it to his friend, Jane Doe.
Therefore, the answer to your question is that no one may transfer his or her real estate license.