To save time, I'm just going to copy paste my ad I use. It should answer most questions. Feel free to ask any others you have.
Again, it says sale etc but I'm giving them away free here. The reason being I used a few threads here a lot recently when Google searches brought me here. I'm a normal member at SDs and I like the community here so figured I'd pay it forward some.
Again anyone with questions go ahead.
For sale is my unlimited data 4G LTE smartphone plan from Verizon Wireless.You can change the voice and texting options later if you wish, but you MUST stay on the older Nationwide plans. If you move to the new Shared plans or use the device upgrade on the account, you will lose the unlimited data.
This plan is under contract, this means no throttled data!
The process of transferring the account is known as an Assumption of Liability (hereby referred to as AOL). This includes, but is not limited to, the following conditions:
You must provide me with the full legal name of the person that will assume the account, a valid contact phone number, and whether you have an existing Verizon account or you will be opening a new one. I will provide this information to Verizon, and begin the process the following business day after receiving payment.
Seller will initiate an AOL of the line with Verizon Wireless to the buyer. This means that you (the buyer) agree with Verizon that you will be taking over my contract, and that I (the seller) will be giving ownership of my unlimited data line to you.
You will have to pass Verizon’s credit check, and be eligible to become a customer with them, if you are not one already. THIS IS YOUR RESPONSIBILITY.
I will inform you once when I initiate the AOL process with Verizon. At that point, you will need to contact their AOL department at (888) 832-4540. They will walk you through finishing the transfer process.
PLEASE NOTE – THE FOLLOWING IS IMPORTANT:
To keep the Verizon unlimited data plan, you cannot switch to one of the new Shared data plans. The unlimited data will remain intact as long as you keep a smartphone associated with the line. You must never put a basic phone on the line, and you must NOT upgrade your phone directly with Verizon or a third party retailer at a subsidized/discounted price. To change phones in the future, you'll need to purchase them at full retail price either directly from Verizon or a third party retailer. You may also purchase a used smartphone. Again, if you attempt to upgrade your smartphone at a discount or subsidized price, you will lose the unlimited data plan.
Verizon Wireless is one of the few carriers that still allow transfers of unlimited data through the AOL process. However, the buyer assumes all responsibility for making sure Verizon Wireless upholds the unlimited data package on the transfer.
You do not need to be a current customer with Verizon Wireless to complete this transfer. However, if the line you’re taking over is being added to an existing Verizon Wireless account, your account must be current and in good standing.
Your service assumption will be subject to a credit check. A security deposit may also be required. Verizon Wireless may also subject you to a $35 activation charge on your first bill and up to a one year contract