factual

In which states are the Aerus Disclosure Document Receipts applicable?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

e Franchise Agreement and other information in plain language. Read this disclosure document and all agreements carefully.

If Aerus Franchising, LLC offers You a franchise, it must provide this Disclosure Document to You 14 calendar days before You sign a binding agreement or make a payment with the Franchisor or an affiliate in connection with the proposed franchise sale or grant.

Iowa and New York require that we give you this disclosure document at the earlier of the first personal meeting or 10 business days (or 14 calendar days in Iowa) before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.

Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

According to Aerus's 2025 Franchise Disclosure Document, several states have specific requirements regarding the delivery and receipt of the Franchise Disclosure Document (FDD). Generally, Aerus must provide the FDD to a prospective franchisee 14 calendar days before they sign a binding agreement or make any payment related to the franchise. However, Iowa and New York have stricter rules, requiring the FDD to be provided at the earlier of the first personal meeting or 10 business days (14 calendar days in Iowa) before signing any agreement or making any payment. Michigan also requires a 10 business day period before any agreement or payment.

In addition to these timing requirements, Aerus includes state-specific addenda to the FDD for California, Illinois, Maryland, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, and Wisconsin. These addenda may contain additional disclosures or modifications to the franchise agreement to comply with state laws. Furthermore, the FDD states that other states may have laws regulating the offer and sale of business opportunities or seller-assisted marketing plans, which could impose additional requirements on Aerus.

Prospective Aerus franchisees should carefully review the FDD and any state-specific addenda applicable to their location to ensure they understand their rights and obligations. They should also consult with a franchise attorney to ensure compliance with all applicable laws and regulations. The FDD also includes a list of state administrators in Exhibit 4 and a list of agents for service of process in Exhibit 5, which may be helpful resources for franchisees seeking further information or assistance.

It is important for prospective franchisees to note that if Aerus does not deliver the FDD on time, or if it contains false or misleading statements or material omissions, it could be a violation of federal and state law. Such violations should be reported to the Federal Trade Commission and the appropriate state agency listed in Exhibit 4.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.