I am refering to the DOT permit required under federal law, not local permits. I have one property owner were my lease is comming due in serveral months. He wants me to transfer ownership of the permit to him for free. I am assumimig he wants to then sell the permit. I own the billboard and can remove it. I will not transfer ownership of the permit. My question is can I retain ownership of this permit if I do not let it expire to hold this location for future use in case the property is ever sold. This location is a cotten area along an interstate and they are limmited in this area.