What is the role of the person appearing before the notary public in the Beehive Homes receipt example?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| GUARANTORS: | | | | |----------------|------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------| | | | | | | Address: | | | Address: | | Telephone No.: | | | Telephone No.: | | Email: | | | Email: | | | | (NOTARY BLOCK FOR) | | | STATE OF) | | | | | COUNTY OF) | : ss. entity upon behalf of which the person acted, executed the instrument. | On, 2025, personally appeared before me, personally his/her authorized capacity, and that by his/her signature on the instrument the person, or the | known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in | | WITNESS my | hand and official seal. | NOTARY PUBLIC | | STATE OF) : ss. COUNTY OF) On, 2025, personally appeared before me, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the person appearing before the notary public is someone who is personally known to the notary or has provided satisfactory evidence of their identity. This individual subscribes their name to a legal document and acknowledges to the notary that they executed the document in their authorized capacity. Furthermore, they confirm that their signature on the document binds either themselves or the entity they represent.
In simpler terms, this process ensures that the person signing the document is who they claim to be and that they are signing it willingly and with the authority to do so. The notary public acts as an impartial witness, verifying the identity of the signatory and attesting to the fact that the signature is genuine.
This notarization process is a standard legal practice to prevent fraud and ensure the validity of important documents. For a Beehive Homes franchisee, this could apply to various documents related to the franchise agreement, such as the franchise agreement itself, assignments, or guarantees. The notary's role is to provide an additional layer of security and verification to these transactions.