FINRA member firms must file Form U-4 and appropriate fees with the CRD on behalf of each proposed agent. View the forms library.Generally an asset sale is better because it limits your exposure because the seller's liabilities remain with the seller and do not carryover. PAR's Buyer Agency Contract includes all of the legallyrequired language and allows for a buyer's broker fee to be structured in several ways. Legal advise and agreements for purchasing a business or selling a business. Get our free, updated 2022 checklist for business buyers. THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of September. (e) "Broker-dealer" means any person engaged in the business of effecting transactions in securities for the account of others or for his own account.