Who is considered the Co-Maker for the Better Homes And Gardens Real Estate receipts?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
| MAKER: | ___________________________ |
|---|---|
| CO-MAKER(S): | ___________________________ |
| HOLDER: | BETTER HOMES AND GARDENS REAL ESTATE LLC |
| PLACE FOR PAYMENT: | 175 PARK AVENUE, MADISON, NJ |
| PRINCIPAL: | $__________________ |
| ANNUAL INTEREST RATE: | 0%, EXCEPT AS DESCRIBED BELOW |
| MATURITY DATE: | December 31, 20__ |
| MAKER: | ___________________________ |
| CO-MAKER(S): | ___________________________ |
| HOLDER: | BETTER HOMES AND GARDENS REAL ESTATE LLC |
| PLACE FOR PAYMENT: | 175 PARK AVENUE, MADISON, NJ |
| PRINCIPAL: | $__________________ |
| ANNUAL INTEREST RATE: | 0%, EXCEPT AS DESCRIBED BELOW |
| MATURITY DATE: | December 31, 20___ |
Source: Item 23 — RECEIPTS (FDD pages 76–362)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the identity of the Co-Maker for Better Homes And Gardens Real Estate receipts is not explicitly defined in the provided excerpt. The document includes a table format for receipts, which has fields for both the "Maker" and "CO-MAKER(S)", but these fields are left blank, indicated by underscores.
This suggests that the FDD anticipates there will be a Maker and potentially one or more Co-Makers for the receipts, but it does not specify who these parties are. The "HOLDER" of the receipt is listed as BETTER HOMES AND GARDENS REAL ESTATE LLC, and the place for payment is 175 PARK AVENUE, MADISON, NJ. The principal amount is left blank, the annual interest rate is 0% except as described below, and the maturity date is December 31, 20__.
A prospective Better Homes And Gardens Real Estate franchisee should seek clarification from the franchisor regarding who is expected to be the Maker and Co-Maker(s) for these receipts. Understanding the obligations and liabilities associated with these roles is crucial before entering into a franchise agreement. This information is essential for assessing the financial and legal responsibilities of all parties involved.