Final answer:
The exact timeframe for a new owner to complete a license application is not provided in the information, though it details the equal-time rule for broadcasting stations during political campaigns.
Step-by-step explanation:
The timeframe for a prospective new owner to complete a license application is not specified within the provided information that pertains to broadcast stations and their licensing criteria. For instance, the equal-time rule requires that registered candidates running for political office must receive equal opportunities for airtime on non-cable television and radio stations starting 45 days before a primary and 60 days before a general election.
If a station like WBNS in Columbus, Ohio decides to sell advertising space to one candidate, like Senator Marco Rubio, it is obligated to offer the same opportunity to all other candidates at the same price and conditions, which cannot exceed the rates for their favored commercial advertisers.