factual

What is the definition of 'Appraised Value' in the context of Bigfoot Forestry's purchase of a franchisee's assets?

Q: What is the definition of 'Appraised Value' in the context of Bigfoot Forestry's purchase of a franchisee's assets?

- "*Appraised Value* means the fair market value of the Acquired Assets as determined by independent appraisers in accordance with [§21.2\(b\).](#page-75-3) Source: Item 23 — RECEIPT (FDD pages 42–162)

Bigfoot_Forestry Franchise · 2025 FDD

Answer from 2025 FDD Document

"Appraised Value means the fair market value of the Acquired Assets as determined by independent appraisers in accordance with §21.2(b).

Source: Item 23 — RECEIPT (FDD pages 42–162)

What This Means (2025 FDD)

According to Bigfoot Forestry's 2025 Franchise Disclosure Document, 'Appraised Value' refers to the fair market value of the assets acquired from a franchisee. This valuation must be determined by independent appraisers. The appraisal process must adhere to the guidelines outlined in section 21.2(b) of the Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.

All Bigfoot_Forestry 2025 FAQs Ask FDD Ninja