How many receipts are included in the Belocal Franchise Disclosure Document that the franchisee must sign?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as the last two pages of this disclosure document are two Receipts. When you receive this disclosure document, you must sign both Receipts and return one to us, retaining the other for your records.
Source: Item 23 — RECEIPTS (FDD pages 71–242)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, there are two receipts attached as the last two pages of the document. The FDD instructs the franchisee to sign both receipts upon receiving the disclosure document. The franchisee must then return one signed receipt to Belocal, while retaining the other receipt for their own records.
This requirement is standard practice in franchising. It confirms that the prospective franchisee received the FDD and acknowledges the start of the legally mandated review period. This review period allows franchisees time to carefully consider the franchise opportunity before making a final commitment.
By signing the receipts, the franchisee verifies they have been given the information needed to make an informed decision. Retaining a copy of the signed receipt provides the franchisee with proof of compliance should any questions arise later.