What is the All States M.E.D. franchisee's obligation regarding the name printed of the individual?

According to the 2024 All States M.E.D. Franchise Disclosure Document, the franchisee is required to print their name on the receipt. The document includes a section for both All States M.E.D. Franchising, LLC and the franchisee to sign and print their names, along with their titles. This indicates that the franchisee, upon receiving the FDD, must sign and print their name on the receipt to acknowledge they have received the document. They must then return a copy of the receipt to All States M.E.D. Franchising, LLC.

Additionally, if a personal guarantor is involved, they are also required to print their name. The FDD includes a table for personal guarantors to print and sign their names, along with providing their home address, telephone number, and percentage of ownership in the franchise. This requirement ensures that all parties involved in the franchise agreement, including personal guarantors, are clearly identified and acknowledge their responsibilities.

This procedure is a standard practice in franchising to ensure that franchisees and guarantors formally acknowledge receipt and understanding of the FDD, which contains critical information about the franchise opportunity. By signing and printing their names, franchisees and guarantors confirm they have been provided with the necessary disclosures and are aware of the terms and conditions of the franchise agreement. This helps protect both the franchisee and the franchisor by creating a clear record of disclosure and acknowledgment.