After signing and dating the Bumper Man Disclosure Document receipts, what must the prospective franchisee do with each copy?
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)
Based on the 2025 Bumper Man Franchise Disclosure Document, the document does not specify what the prospective franchisee should do with the signed and dated Disclosure Document receipts. The document does mention the franchisee's acknowledgement of receiving the disclosure document.
However, the FDD states that the franchisee acknowledges receiving the Franchise Agreement, exhibits, and the complete franchise disclosure document at least 14 days prior to signing the agreement or paying any consideration. This acknowledgement confirms that Bumper Man has provided the necessary documents within the legally required timeframe.
Since the FDD does not explicitly state what to do with the signed receipts, it is important for a prospective franchisee to clarify this with the franchisor. They should ask Bumper Man directly about the procedure for handling the signed receipts to ensure they comply with all requirements and maintain proper documentation of their disclosure process.