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Every company has its own terms of service regardling license transfer. From what I've read about software licenses, most companies will let you transfer a license, although some require you to fill out a form first. In any case, when you transfer a license you relinquish your right to use the product, and any additional copies you have must be disabled/deleted.
I don't know Apple's stance on license transfer, but as your apps are tied to your iTunes account I don't know of a way to transfer your license(s) to another iTunes account. You may want to contact Apple directly and ask them.
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