Is the Apricot Lane sample general release form subject to change in the future?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
[THIS IS ONLY A FORM. IT MAY BE MODIFIED IN THE FUTURE TO ACCOUNT FOR CHANGES IN THE LAW OR HOW WE OPERATE, OR AS APPROPRIATE FOR YOUR SPECIFIC TRANSACTION. THE TERMS OF RELEASE MAY BE MADE PART OF ANOTHER DOCUMENT CONTAINING ADDITIONAL TERMS AND CONDITIONS RELATIVE TO YOUR RENEWAL OR TRANSFER.]
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the sample general release form provided is subject to change. The document explicitly states that the form is only a sample and may be modified in the future. These modifications can account for changes in the law, adjustments in how Apricot Lane operates, or to suit the specifics of a franchisee's transaction. The terms of the release may also be incorporated into another document that includes additional terms and conditions related to a renewal or transfer.
This means that the specific terms and conditions in the sample release form are not guaranteed and could be different when a franchisee is actually presented with the release. It is important for prospective franchisees to understand that the actual release they sign may contain different provisions than the sample.
As a result, franchisees should carefully review any release presented to them by Apricot Lane with their legal counsel to ensure they fully understand their rights and obligations before signing. Franchisees should pay close attention to any modifications or additional terms included in the actual release compared to the sample form.