In the Budget franchise agreement receipt, what information is required for the 'ATTEST' section?

According to Budget's 2025 Franchise Disclosure Document, the receipt for the franchisee requires a signature and date. The franchisee must sign and date the copy of the receipt and return it to Budget Rent A Car System, Inc. at the provided address.

This receipt acknowledges that the franchisee has received the disclosure document. The disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Budget must provide this document to the franchisee 14 calendar days before signing a binding agreement or making a payment related to the franchise sale.

Several states, including New York and Michigan, have specific requirements regarding the timing of the disclosure document. These states require Budget to provide the disclosure document earlier, either at the first personal meeting or a certain number of business days before the execution of the franchise agreement or payment of any consideration. If Budget fails to deliver the disclosure document on time or if it contains false or misleading information, it could be a violation of federal and state law.