What does the All County Disclosure Document summarize?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
This Disclosure Document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully. If All County Property Franchise Management Corp. offers you a franchise, it must provide this Disclosure Document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
New York law requires a franchisor to provide the Franchise Disclosure Document at the earlier of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Michigan law requires that All County Property Franchise Management Corp. provides this franchise 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.
If All County Property Franchise Management Corp. does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and appropriate state agency listed in Exhibit C. All County Property Franchise Management Corp.'s registered agents authorized to receive service of process are listed in Exhibit C.
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the document summarizes certain provisions of the franchise agreement and other information in plain language. The FDD is intended to be read carefully along with all agreements associated with the franchise. All County must provide the Disclosure Document to prospective franchisees 14 calendar days before they sign a binding agreement or make a payment to All County or its affiliates related to the franchise sale.
State laws may also dictate specific timeframes for providing the FDD. For example, New York law requires All County to provide the FDD at the earlier of the first personal meeting or ten business days before the execution of the franchise agreement or payment of any consideration. Similarly, Michigan law mandates that All County provides the FDD at least 10 business days before signing any binding agreement or payment, whichever comes first.
It is important to note that if All County does not deliver the Disclosure Document on time, or if it contains false, misleading statements, or material omissions, it may constitute a violation of federal and state laws. In such cases, it should be reported to the Federal Trade Commission and the appropriate state agency listed in Exhibit C of the FDD. Additionally, Exhibit C lists All County's registered agents authorized to receive service of process.