What is the purpose of the Acknowledgment Addendum for an All County franchise agreement?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
ent to and notwithstanding the expiration or termination of the Franchise Agreement.
Dated: As Individuals: Do not sign this Acknowledgment Addendum if you are a resident of Maryland or the business is to be operated in Maryland.
Acknowledgments and Representations.
As you know, you and we are entering into a Franchise Agreement for the operation of an ALL COUNTY® franchise. The purpose of this Acknowledgment Addendum is to determine whether any statements or promises were made to you that we have not authorized or that may be untrue, inaccurate or misleading, and to be certain that you understand the limitations on claims that may be made by you by reason of the offer and sale of the franchise and operation of your business. 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 the 2025 All County Franchise Disclosure Document, the purpose of the Acknowledgment Addendum is to verify that no unauthorized or untrue statements or promises were made to the prospective franchisee during the franchise sales process. It ensures the franchisee understands the limitations on claims they can make regarding the offer, sale, and operation of the All County franchise.
The addendum requires prospective franchisees to carefully review and honestly answer a series of questions. This process aims to identify any misrepresentations or misunderstandings that may have occurred. By signing the Acknowledgment Addendum, the franchisee confirms that they are not relying on any information or promises that are not explicitly authorized by All County.
However, the FDD stipulates that for franchisees in Maryland, any representations requiring them to release, waive, or estop liability do not apply to liability incurred under the Maryland Franchise Registration and Disclosure Law. Furthermore, residents of Maryland or businesses operating in Maryland should not sign this Acknowledgment Addendum.