In the Aerus franchise agreement, what information must the franchisee provide when signing?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Please sign and date this copy of the receipt page, print your name and return it to Aerus Franchising, LLC, Attention: Legal Department, 14841 Dallas Parkway, Suite 500, Dallas, Texas 75254.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, when signing the receipt page, the franchisee must sign and date the copy, print their name, and return it to Aerus Franchising, LLC at the specified address. This receipt serves as confirmation that the franchisee has received the disclosure document. Aerus must provide this document to the franchisee 14 calendar days before they sign a binding agreement or make any payment related to the franchise. Certain states like Iowa, New York, and Michigan have specific timelines for providing the disclosure document before the agreement is executed or any consideration is paid.
This requirement ensures that the franchisee has had adequate time to review the FDD and seek professional advice before committing to the franchise. The receipt page acts as proof that Aerus has met its legal obligations regarding disclosure. Failing to provide the document on time or if it contains false or misleading information, Aerus may be in violation of federal and state laws, which should be reported to the Federal Trade Commission and the appropriate state agency.
For a prospective Aerus franchisee, this means carefully reviewing the FDD upon receipt and noting the date it was received. Ensure that the dates align with the legal requirements for disclosure in your specific state. Completing the receipt page accurately and returning it promptly is a crucial step in the franchising process, protecting both the franchisee and Aerus by confirming that proper disclosure occurred. If there are any discrepancies or concerns about the information in the FDD, it is important to address them with Aerus or legal counsel before signing any binding agreements.