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Code of Federal Regulations Title 7. Agriculture § 7.1955.129 Business brokers

Current as of January 02, 2025 | Updated by Findlaw Staff

The services of business brokers or business opportunity brokers may be authorized by the appropriate Assistant Administrator in lieu of or in addition to real estate brokers for the sale of businesses as a whole, including goodwill and chattel, when:

(a) The primary use of the structure included in the sale is other than residential;

(b) The business broker is duly licensed by the respective state;  and

(c) The primary function of the business is other than farming or ranching.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1955.129 Business brokers - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1955-129/

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