Themes / plugins with yearly fees

HI, what is the industry norm when I have a theme or a plugin that has a yearly fee.
If it’s unique to the client - it’s definitely his account.

But what about a theme that I have a dev. license for but may not want to maintain it forever?
Is it ok to transfer to the client to have his own account? (ie. elementor)

I think this video has been posted previously
you may find it helpful

thank you!