Does the 7 Brew FDD require the notary public to verify the identity of the Principal and Surety?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. This side is to be completed by a notary public for both the Principal and the Surety. |
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Source: Item 22 — CONTRACTS (FDD pages 82–83)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the provided excerpt indicates that a notary public must complete a section for both the Principal and the Surety. This implies that some form of verification or acknowledgment is required from a notary for these parties.
The document includes a table row stating, "This side is to be completed by a notary public for both the Principal and the Surety." This suggests that the notary's role is to officially witness and certify the signatures or identities of the Principal and Surety, which are parties involved in a legal agreement or bond.
While the excerpt confirms the notary's involvement, it does not explicitly detail the exact steps or procedures the notary must follow to verify the identity of the Principal and Surety. It is standard practice for notaries to require some form of identification, such as a driver's license or passport, to confirm the identity of the individuals signing documents. A prospective 7 Brew franchisee should confirm with 7 Brew the specific requirements for notarization to ensure compliance.