What exhibit number is the Franchisee Statements Regarding Franchise Sales Process for Apricot Lane?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
TO HELP DEMONSTRATE OUR COMPLIANCE WITH APPLICABLE FRANCHISE LAWS, YOU MUST COMPLETE AND SIGN THE FRANCHISE SALES PROCESS FORM ATTACHED AS EXHIBIT F AND PROVIDE IT TO US WHEN YOU SIGN THIS AGREEMENT.
No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of anydocument executed in connection with the franchise.
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, franchisees must complete and sign the Franchise Sales Process form, which is attached as Exhibit F. This form is intended to demonstrate compliance with applicable franchise laws. Franchisees are required to provide this form when signing the franchise agreement.
The Franchise Sales Process form likely includes statements and acknowledgments from the franchisee regarding their understanding of the franchise opportunity, their due diligence efforts, and their reliance on information provided by Apricot Lane. By signing this form, the franchisee confirms that they have conducted an independent investigation of the business and recognize the risks involved.
However, the FDD also states that no statement, questionnaire, or acknowledgment signed by a franchisee can waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on statements made by Apricot Lane or its representatives. This provision protects the franchisee's rights and ensures that they cannot be bound by any document that limits their ability to pursue legal remedies.