Exactly, its more like a lease. You can't actually sell an IP because you don't own them, but you are given a lease/license to use them.
Frankly, the only way to truly transfer an IP block between companies is to have one company buy the other, then the IP addresses can be reallocated to the new owner. You can't just transfer an IP block to another entity according to ARIN's registration agreement.
Frankly, the only way to truly transfer an IP block between companies is to have one company buy the other, then the IP addresses can be reallocated to the new owner. You can't just transfer an IP block to another entity according to ARIN's registration agreement.