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In United States business law, a registered agent, also known as a resident agent or statutory agent, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons. The registered agent's address may also be where the state sends the paperwork for the periodic renewal of the business entity's charter. The registered agent for a business entity may be an officer or employee of the company, or a third party, su
FIRPTA defines agent as any person who represents the transferor or transferee in any negotiation relating to the transaction or in settling the transaction. 26 USC Â§ 1445(d)(3)-(4). Both the buyer's and seller's agents are required to provide notice to the buyer if they know that the seller's affidavit is false.