What is the purpose of including the notary acknowledgment in the Big Air Trampoline Park FDD?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfullness, accuracy or validity of that document.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park FDD, a notary public's acknowledgment serves to verify the identity of the individual who signed the document. This acknowledgment confirms that the signature on the Franchise Agreement, Multi-Unit Development Agreement, or Franchise Disclosure Document is indeed that of the person claiming to have signed it. However, the notary's verification does not extend to confirming the truthfulness, accuracy, or validity of the document itself. This means the notary is simply attesting to the identity of the signer, not the content or legality of the agreement.
For a prospective Big Air Trampoline Park franchisee, this means that while the signature on the agreement will be notarized to confirm its authenticity, it is still the franchisee's responsibility to carefully review and understand the terms of the agreement. The notarization provides a level of assurance that the person signing on behalf of Big Air Trampoline Park is who they claim to be, but it does not guarantee the fairness or enforceability of the agreement's terms.
This practice is standard in franchising and legal documentation to prevent fraud and ensure that all parties involved are properly identified. Franchisees should not rely solely on the notary acknowledgment as a validation of the agreement's content but should seek independent legal advice to fully understand their rights and obligations under the franchise agreement. The presence of a notary acknowledgment is a procedural safeguard, not a substitute for due diligence.