What documents must the Bumper Man franchisee acknowledge receiving in provinces with pre-sale franchise disclosure laws?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- (e) Receipt of Disclosure. The following applies only in the event this Agreement will have effect within a province or territory requiring compliance with pre-sale franchise disclosure law: Franchisee acknowledges that it has received as one document at one time, either personally, e-mail correspondence or by registered mail, a copy of the form of this Agreement, the exhibits hereto, and the applicable complete franchise disclosure document not less than 14 days prior to the earlier of: (i) the date on which this Agreement or any other agreement relating
thereto was executed; and (ii) the payment of any consideration by or on behalf of Franchisee relating to this Agreement, and the franchise associated therewith (except, where applicable, any deposit permitted under Applicable Law).
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, in provinces or territories with pre-sale franchise disclosure laws, a franchisee must acknowledge receiving a copy of the Franchise Agreement, its exhibits, and the complete franchise disclosure document. These documents must be received as one document at one time, either personally, via email, or by registered mail.
This receipt must occur no less than 14 days before the earlier of two dates: either the date the Franchise Agreement (or any related agreement) is executed, or the date any consideration is paid by or on behalf of the franchisee related to the agreement and the franchise. The only exception to this 14-day rule is for deposits permitted under applicable law.
This requirement ensures that prospective Bumper Man franchisees have adequate time to review the franchise agreement and disclosure document before committing to the franchise. It also allows them to seek legal or financial advice, promoting informed decision-making and protecting franchisees from potential risks associated with entering into a franchise agreement without sufficient information.