In the receipts section, what information is required regarding the franchisee's signature for Beehive Homes?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
State Specific Addenda
I Effective Dates
J Receipts
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 ce
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, Exhibit J, the receipt, requires the prospective franchisee to provide their signature and printed name, along with the date. The franchisee must sign and date the copy of the receipt and retain it for their records. Another copy of the receipt must be signed, dated, and returned to Beehive Homes.
This receipt serves as an acknowledgment that the franchisee received the FDD, which summarizes the franchise agreement's provisions and other relevant information. It confirms that Beehive Homes provided the FDD at least 14 calendar days before the franchisee signed any binding agreements or made any payments related to the franchise, as mandated by federal law. This waiting period allows potential franchisees to thoroughly review the document and seek professional advice.
The receipt also outlines the franchisee's rights and recourse if Beehive Homes fails to deliver the FDD on time, or if the document contains false, misleading, or omits important information. In such cases, the franchisee is advised to report the violation to the Federal Trade Commission and the relevant state agency. This measure protects the franchisee and ensures compliance with franchise regulations.