factual

How is receipt of notice determined under the Buildingstars Franchise Agreement?

Buildingstars Franchise · 2025 FDD

Answer from 2025 FDD Document

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Receipt of Franchise Disclosure Document.

FRANCHISEE acknowledges receipt of BUILDINGSTARS' franchise disclosure document along with this Agreement, at least fourteen (14) days before execution hereof or any payment to BUILDINGSTARS.

If any unilateral modifications have been made by BUILDINGSTARS to this Agreement, FRANCHISEE acknowledges that it had at least seven (7) days to review them.

Source: Item 22 — CONTRACTS (FDD page 43)

What This Means (2025 FDD)

According to Buildingstars's 2025 Franchise Disclosure Document, the franchisee acknowledges receipt of the Buildingstars franchise disclosure document along with the agreement at least fourteen (14) days before the agreement's execution or any payment to Buildingstars. If Buildingstars makes any unilateral modifications to the agreement, the franchisee acknowledges having at least seven (7) days to review them.

This acknowledgement is crucial because it confirms that the franchisee had adequate time to review the FDD and the franchise agreement before committing to the franchise. The 14-day period is a standard regulatory requirement designed to protect prospective franchisees from being pressured into signing agreements without proper consideration. The seven-day review period for unilateral modifications ensures transparency and allows the franchisee to assess any changes made by Buildingstars.

For a prospective Buildingstars franchisee, this means they must carefully document the date they receive the FDD and ensure it is at least 14 days before signing the franchise agreement or making any payments. If any changes are made to the agreement, they should also note the date of those changes and ensure they have at least seven days to review them. Failure to adhere to these timelines could potentially weaken their position in case of future disputes with Buildingstars.

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.