Does Bumble Roofing require franchisees to acknowledge that they have obtained advice of counsel before entering into the Franchise Agreement?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee, and its shareholders and partners, as applicable, jointly and severally acknowledge that they have carefully read this Agreement and all other related documents to be executed concurrently or in conjunction with the execution hereof, that they have obtained the advice of counsel in connection with entering into this Agreement, that they understand the nature of this Agreement, and that they intend to comply herewith and be bound hereby.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the first date set forth above.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, franchisees, along with their shareholders and partners, must acknowledge that they have carefully read the Franchise Agreement and related documents. They also must acknowledge that they have obtained advice from counsel regarding the agreement, understand its nature, and intend to comply with its terms. This acknowledgment is a standard practice in franchising, ensuring that franchisees enter the agreement with a clear understanding of their rights and obligations.
This requirement protects both the franchisee and Bumble Roofing. By confirming they sought legal advice, franchisees demonstrate they were not coerced or misled into signing. It also reduces the likelihood of future disputes based on misunderstandings of the agreement.
Bumble Roofing also uses an Acknowledgment Addendum to determine if any unauthorized statements or promises were made during the franchise sales process. However, this addendum does not apply to franchisees who intend to operate in California. Prospective franchisees should carefully review all documents with their legal counsel to fully understand the terms and conditions of the franchise agreement before signing.