In the Beehive Homes receipt example, what year is used in the example date for the franchisee's acknowledgement?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
Dated:, 2025 Signature - Prospective Franchisee Printed Name Sign and date this copy and retain for your files
EXHIBIT J RECEIPT
This Franchise Disclosure Document summarizes certain provisions of the franchise agreement and other information in plain language. Read this Franchise Disclosure Document and all agreements carefully. If Bee Hive Homes, Inc. offers you a franchise, it must provide this Franchise Disclosure Document to you at least 14 calendar days before you sign a binding agreement with, or make a payment to, Bee Hive Homes, Inc. or its affiliate in connection with the proposed franchise sale, or sooner if required by applicable state law.
If Bee Hive Homes, Inc. does not deliver this Franchise Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580 and the state agency listed on Exhibit A.
The name, principal business address, and telephone number of each franchise seller offering the franchise is set forth in Item 22.
Issue Date: April 28, 2025.
I received a Franchise Disclosure Document dated as of the Issue Date stated above that included the following Exhibits:
A State Franchise Administrators and Agents for Service of Process
B-1 List of Franchised Homes at December 31, 2024
B-2 List of Franchisees Ceasing Operations during 2024
C Financial Statements
D Franchise Agreement
E Guaranty and Assumption of Obligations of Franchise Agreement
F Assignment to Entity
G Table of Contents to Policy and Procedures Manual
H State Specific Addenda
I Effective Dates
J Receipts
Dated:, 2025 Signature - Prospective Franchisee Printed Name Sign and date this copy and return it to us
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the example receipt includes a date for the prospective franchisee's signature and acknowledgement. The year provided in the example is 2025. The franchisee is instructed to sign and date the copy of the receipt and retain it for their files, as well as sign and date a second copy to return to Beehive Homes.
This receipt serves as an acknowledgement that the franchisee received the Franchise Disclosure Document (FDD) and its exhibits. It also confirms that the FDD summarizes the franchise agreement and provides important information in plain language. Beehive Homes must provide the FDD to the prospective franchisee at least 14 calendar days before they sign a binding agreement or make any payments related to the franchise.
It is important for the franchisee to carefully read the FDD and all associated agreements. If Beehive Homes does not deliver the FDD on time, or if the document contains false, misleading statements, or material omissions, it may constitute a violation of federal and state laws. The franchisee should report any such violations to the Federal Trade Commission and the relevant state agency listed in Exhibit A of the FDD.