Who is considered the Maker for the Better Homes And Gardens Real Estate receipts?

According to the 2025 Better Homes And Gardens Real Estate Franchise Disclosure Document, Item 23 discusses receipts. The document includes a table that outlines the Maker, Co-Maker(s), Holder, Place for Payment, Principal, Annual Interest Rate, and Maturity Date. However, the Maker and Co-Maker sections are left blank, indicating that this information would need to be specified elsewhere or completed by the relevant parties. The Holder for the receipts is listed as Better Homes and Gardens Real Estate LLC, with the Place for Payment at 175 Park Avenue, Madison, NJ.

Since the Maker is not pre-filled, prospective Better Homes And Gardens Real Estate franchisees should clarify with the franchisor who is expected to be the Maker for these receipts. This is crucial for understanding the obligations and responsibilities associated with the receipts. The principal amount is also left blank, so franchisees must determine the amount that will be specified in their individual agreements.

Understanding the specifics of the receipts, including who the Maker is, the principal amount, and the interest rate (if any), is essential for managing financial obligations and ensuring compliance with the franchise agreement. Prospective franchisees should seek clarification on these points during their due diligence process to avoid any misunderstandings or unexpected liabilities.