Does the All County Acknowledgment Addendum require the prospective franchisee to carefully review each question?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
Please review each of the following questions carefully and provide honest responses to each question. All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of liability incurred under the Maryland Franchise Registration and Disclosure Law.
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the Acknowledgment Addendum requires prospective franchisees to carefully review each question. The document emphasizes the importance of honest responses to each question. This addendum aims to identify any unauthorized or untrue statements made during the franchise offer and sale, ensuring the franchisee understands the limitations on potential claims related to the franchise and its operation.
This requirement ensures that the franchisee is fully aware of the representations made by All County and understands the implications of those representations. By carefully reviewing each question and providing honest responses, the franchisee can protect their interests and avoid misunderstandings or disputes later on.
However, the addendum also includes a disclaimer stating that any representations requiring the franchisee to waive liability do not apply to liability incurred under Maryland Franchise Registration and Disclosure Law. This disclaimer provides additional protection for franchisees in Maryland, ensuring that their rights under state law are not compromised by the Acknowledgment Addendum.