factual

In the Buildingstars franchise agreement, what information is required alongside the signature of each party?

Buildingstars Franchise · 2025 FDD

Answer from 2025 FDD Document

IN WITNESS WHEREOF, each of the undersigned has hereunto affixed their signatures on the same day and year as the Agreement was executed.

Print Name: Ownership % Address: Print Name: Ownership % Address: Print Name: Ownership % Address:

Source: Item 22 — CONTRACTS (FDD page 43)

What This Means (2025 FDD)

According to Buildingstars's 2025 Franchise Disclosure Document, the franchise agreement requires the print name, ownership percentage, and address of each party to be included along with their signatures. This information is required to be affixed on the same day and year the agreement was executed.

This requirement ensures clarity and accountability in the franchise agreement. By including the printed name, it avoids any ambiguity regarding the identity of the signatory. The ownership percentage is particularly relevant if the franchisee is a business entity with multiple owners, as it clarifies each owner's stake in the franchise. The address provides a means of contact and establishes the location of the parties involved.

For a prospective Buildingstars franchisee, this means that they must be prepared to provide this information when signing the franchise agreement. If the franchisee operates under a business entity, all owners or guarantors may need to provide this information and their signatures. This is a standard practice in franchising to ensure all parties are clearly identified and bound by the 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.