When a prospective franchisee receives the Belocal disclosure document, what action must they take with the provided receipts?
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, upon receiving the disclosure document, a prospective franchisee must take specific actions regarding the provided receipts. The franchisee is required to sign both receipts that are attached as the last two pages of the document. After signing, one receipt must be returned to Belocal, while the other receipt should be retained by the franchisee for their own records. This process confirms that the franchisee has received and acknowledged the disclosure document, ensuring compliance with franchise regulations.