What does 'us' refer to in the Better Homes And Gardens Real Estate disclosure document?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this disclosure document, "we," "our," or "us" means Better Homes and Gardens Real Estate LLC, the franchisor. "You" means the person or entity that buys the franchise, the franchisee. If the franchisee is a corporation, partnership or other entity,
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–16)
What This Means (2025 FDD)
According to Better Homes And Gardens Real Estate's 2025 Franchise Disclosure Document, the terms "we," "our," or "us" are used to refer to Better Homes and Gardens Real Estate LLC, which is the franchisor. The term "you" refers to the person or entity that is purchasing the franchise, also known as the franchisee. If the franchisee is a corporation, partnership, or other entity, then "you" also includes the franchisee's owners.
This definition is important for understanding the obligations and rights outlined in the Franchise Disclosure Document. When reading through the document, a prospective franchisee should keep in mind that any statement using "we," "our," or "us" is referring to Better Homes And Gardens Real Estate itself, and any statement using "you" is referring to the franchisee.
Understanding these definitions is crucial for interpreting the terms and conditions of the franchise agreement and ensuring clarity regarding the responsibilities of both the franchisor and the franchisee. This helps to avoid confusion and ensures that both parties are aware of their respective roles and obligations under the franchise agreement.