factual

When signing the Boulder Designs franchise agreement, what does the franchisee acknowledge regarding representations made by the franchisor's directors, managers, members, employees, attorneys, or agents?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee represents and acknowledges there have been no representations by Franchisor's directors, managers, members, employees, attorneys or agents that are not contained in, or are inconsistent with, the statements made in the Franchise Disclosure document or this Agreement.

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to Boulder Designs' 2025 Franchise Disclosure Document, franchisees acknowledge specific limitations regarding representations made by the franchisor or its representatives. The franchisee acknowledges that they have not relied on any representations from Boulder Designs' directors, managers, members, employees, attorneys, or agents that are not explicitly stated in the Franchise Disclosure Document or the franchise agreement itself. This means that any verbal promises, assurances, or guarantees made outside of these official documents are not binding on Boulder Designs.

This acknowledgement is significant because it protects Boulder Designs from potential claims based on informal or undocumented statements. It places the onus on the franchisee to carefully review the FDD and franchise agreement and to seek clarification on any points of concern before signing. It also means that a prospective franchisee cannot later claim they were misled by something a Boulder Designs representative said if it is not written in the FDD or franchise agreement.

This type of clause is common in franchise agreements to ensure clarity and prevent misunderstandings. Franchisees should pay close attention to this clause and ensure they understand all aspects of the franchise opportunity before signing the agreement. It is advisable for prospective Boulder Designs franchisees to seek legal counsel to review the franchise agreement and FDD to fully understand their rights and obligations.

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.