As a 360 Painting franchisee, am I required to personally review the Disclosure Document, the Franchise Agreement, and all attached exhibits, amendments, and addenda?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| Question | Yes/No | |
|---|---|---|
| 1. | Did you receive a copy of our Disclosure Document (and all exhibits and attachments) | |
| at least (a) 14 calendar days prior to signing the Franchise Agreement, or (b) if you | ||
| are a resident of New York or Rhode Island, at the earlier or the first personal meeting | ||
| or 10 business days before the execution of the franchise or other agreement or | ||
| payment of any consideration, or (c) if you are a resident of Michigan, at the earlier | ||
| of 10 business days before the execution of any binding agreement or payment of any | ||
| consideration? | ||
| 2. | Have you personally reviewed the Disclosure Document, the Franchise Agreement | |
| and each exhibit, amendment and/or addendum attached to it? |
Source: Item 23 — RECEIPTS (FDD pages 56–210)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, prospective franchisees are asked to confirm whether they have personally reviewed the Disclosure Document, the Franchise Agreement, and all associated exhibits, amendments, and addenda. This confirmation is part of a Franchise Compliance Questionnaire.
The questionnaire includes a specific question asking: "Have you personally reviewed the Disclosure Document, the Franchise Agreement and each exhibit, amendment and/or addendum attached to it?" Franchisees must answer this question as part of the compliance process.
This requirement ensures that franchisees are fully aware of the terms and conditions of the franchise agreement before entering into it. By confirming they have reviewed all relevant documents, franchisees acknowledge their understanding of their rights and obligations under the 360 Painting franchise system. This step is crucial for both the franchisee and 360 Painting to avoid misunderstandings or disputes later on.