What representation does a Belocal franchisee make regarding legal counsel if the 'Full and Independent Knowledge' clause applies?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
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- [OMIT FOR WASHINGTON FRANCHISEES; FOR USE IN STATES OTHER THAN WASHINGTON:] Full and Independent Knowledge. Franchisee represents that it has been represented by an attorney in connection with the preparation and review of this Agreement, that it has specifically discussed with its attorney the meaning and effect of this Agreement, and that it has carefully read and understands the scope and effect of each provision contained herein. Franchisee further represents that it does not rely and has not relied upon any representation or statement made by the Franchisor or, any of the Releasees or any of their representatives with regard to the subject matter, basis, or effect of this Agreement.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, if the 'Full and Independent Knowledge' clause is applicable (excluding Washington franchisees), a franchisee represents several key points regarding legal counsel and their understanding of the franchise agreement.
Specifically, the franchisee represents that they have been represented by an attorney during the preparation and review of the agreement. Furthermore, they confirm that they have thoroughly discussed the meaning and implications of the agreement with their attorney, demonstrating an understanding of its scope and effect.
In addition to legal representation, the franchisee also affirms that their decision to enter into the agreement is not based on any representations or statements made by Belocal or its representatives. This clause emphasizes the franchisee's independent assessment and understanding of the agreement, supported by legal counsel, and their reliance on their own due diligence rather than solely on Belocal's claims.