Does the Buns On Fire Irrevocable Power of Attorney require notarization?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
This Disclosure Document and the Franchise Agreement and any other documents to be delivered in connection herewith and therewith may be electronically signed, that any digital or electronic signatures (including pdf, facsimile or electronically imaged signatures provided by DocuSign or any other digital signature provider) appearing on this Disclosure Document and the Franchise Agreement or such other documents are the same as handwritten signatures for the purposes of validity, enforceability and admissibility, and that delivery of any such electronic signature to, or a signed copy of, this Disclosure Documents and the Franchise Agreement and such other documents may be made by facsimile, email or other electronic transmission.
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the excerpts provided do not specify whether the Irrevocable Power of Attorney required by Buns On Fire needs to be notarized. While the document mentions the use of digital or electronic signatures, including those provided by DocuSign, being considered the same as handwritten signatures for validity, enforceability, and admissibility, it does not explicitly state the notarization requirements for the Power of Attorney.
A prospective Buns On Fire franchisee should clarify with the franchisor whether the Irrevocable Power of Attorney necessitates notarization. This is crucial because notarization involves a formal authentication process by a notary public, which may require additional steps and costs. Knowing this requirement upfront will help the franchisee prepare the necessary documentation accurately and avoid potential delays in the franchising process.
To gain a comprehensive understanding, it is advisable for potential franchisees to seek clarification on the specific procedures and legal requirements related to the Irrevocable Power of Attorney. This includes confirming whether notarization is mandatory, if there are any specific state or local regulations that apply, and if the franchisor provides any guidance or resources to facilitate the process.