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If you are the original licensee of the Software, you may make a one-time, permanent transfer of your license rights in the Software to a third party ("Subsequent Licensee") provided that five (5) conditions are met. The conditions are: (a) you are the original licensee, (b) the Software was purchased by you more than 90 days prior to the transfer, © you do not keep a copy of the Software for yourself, (d) the Subsequent Licensee agrees to the terms of this Agreement and the License, and (e) the Subsequent Licensee agrees to assume your license rights in the Software, excluding this transfer right. For sake of clarity, the right to transfer the Software belongs solely to the original licensee; the Subsequent Licensee is prohibited from transferring its rights to any third party. You must disclose the domain where you are using (or plan to use) the License, which may be disclosed in the vBulletin registered members area. You may set up one additional temporary test forum for the purpose of testing code, template and database modifications. Such a test forum must be password protected, and not made available to the general public at any time.
You can read vBulletin's License Agreement HERE
If you are the original licensee of the Software, you may make a one-time, permanent transfer of your license rights in the Software to a third party ("Subsequent Licensee") provided that five (5) conditions are met. The conditions are: (a) you are the original licensee, (b) the Software was purchased by you more than 90 days prior to the transfer, © you do not keep a copy of the Software for yourself, (d) the Subsequent Licensee agrees to the terms of this Agreement and the License, and (e) the Subsequent Licensee agrees to assume your license rights in the Software, excluding this transfer right. For sake of clarity, the right to transfer the Software belongs solely to the original licensee; the Subsequent Licensee is prohibited from transferring its rights to any third party. You must disclose the domain where you are using (or plan to use) the License, which may be disclosed in the vBulletin registered members area. You may set up one additional temporary test forum for the purpose of testing code, template and database modifications. Such a test forum must be password protected, and not made available to the general public at any time.
You can read vBulletin's License Agreement HERE