REAPER licenses are non-transferable. The license is issued to you personally and cannot be sold or given to another individual.

If you want to move forward with setting up your studio, let me know:

The license key itself does not expire, but its coverage of updates does. A license purchased during the version 7 lifecycle will continue to work with version 7 and all updates through version 8.99 indefinitely. However, it will not activate versions 9.0 and later. You can continue using version 8.99 forever if you choose, or purchase a new license to access newer versions.

A REAPER license key is not a subscription; it is a for the versions you purchase.