What is the principal amount 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: | $__________________ |
| ANNUAL INTEREST RATE: | 0%, EXCEPT AS DESCRIBED BELOW |
| MATURITY DATE: | December 31, 20___ |
| and restoration of Debtor’s facilities or Offices (as defined in the Franchise Agreements). |
Source: Item 23 — RECEIPTS (FDD pages 76–362)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the principal amount for Better Homes And Gardens Real Estate receipts is not specified. The document includes a template for a receipt that requires the principal amount to be filled in by an authorized party. The template indicates that the principal amount is represented by a blank space indicated by '$__________________'.
This means that the actual principal amount will vary depending on the specific agreement or transaction. The receipts also include fields for the maker and co-maker of the payment, the holder (Better Homes and Gardens Real Estate LLC), the place for payment (175 Park Avenue, Madison, NJ), the annual interest rate (0%, except as described below), and the maturity date (December 31, 20__). These receipts are related to the restoration of the Debtor’s facilities or Offices as defined in the Franchise Agreements.
Prospective franchisees should be aware that the principal amount will be determined on a case-by-case basis. It is important to carefully review the terms of any agreement and to seek legal advice if needed. Franchisees should also ensure that all receipts are properly completed and maintained for their records.