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What must the new owner of an existing school do regarding change of ownership?

  1. Host an opening ceremony

  2. File a statement with their personal educational history

  3. File to reflect the change of ownership

  4. Immediately renovate the school

The correct answer is: File to reflect the change of ownership

The new owner of an existing school must file to reflect the change of ownership. Hosting an opening ceremony would only be a ceremonial event and not necessary in regards to change of ownership. Filing a statement with their personal educational history is not required and serves a different purpose. Immediately renovating the school is not mentioned and may not be necessary for the change of ownership.