Does the All County Franchise Agreement questionnaire require confirmation that the franchisee understands all information in the Disclosure Document?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
estion. 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.
| Have you received and personally reviewed our Franchise Agreement and each exhibit and schedule attached to it? |
|---|
| |
| Yes. No. |
| Do you understand all of the information contained in the Franchise Agreement and each exhibit |
| and schedule attached to it? |
| |
| Yes. No. |
| If "No," |
| what parts of the Franchise Agreement do you not understand? (Attach additional pages, |
| if necessary) |
| Did you receive a copy of the Franchise Agreement at least seven (7) days prior to signing it? |
| |
| Yes. No. |
| Have you received and personally reviewed the Disclosure Document we provided to you? |
| |
| Yes. No. |
| Do you understand all of the information contained in the Disclosure Document? |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the Franchise Agreement questionnaire includes a section where the franchisee confirms whether they have reviewed and understood the Franchise Disclosure Document. Specifically, the questionnaire asks: "Have you received and personally reviewed the Disclosure Document we provided to you?" with a 'Yes' or 'No' selection. It also asks: "Do you understand all of the information contained in the Disclosure Document?" with a 'Yes' or 'No' selection. If the franchisee answers 'No', they are prompted to specify which parts of the Disclosure Document they do not understand. This section ensures that prospective franchisees acknowledge their review and comprehension of the Disclosure Document before entering into the agreement.
This requirement is a standard practice in franchising, intended to ensure that franchisees are fully informed about the franchise opportunity, their obligations, and the terms of the agreement. By requiring this confirmation, All County aims to mitigate potential disputes or misunderstandings that may arise due to a lack of awareness or comprehension of the Disclosure Document's contents. It also serves as evidence that the franchisee had the opportunity to understand the agreement before signing.
For a prospective All County franchisee, this means they should carefully review the entire Disclosure Document and seek clarification on any unclear points before completing the questionnaire. Answering 'No' to understanding any part of the document is not necessarily a barrier to entry, but it signals the need for further discussion and explanation from All County. It is advisable for prospective franchisees to consult with an attorney or financial advisor to fully understand the implications of the franchise agreement and the Disclosure Document.