Is there a deadline for executing the Buns On Fire Irrevocable Power of Attorney?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
This instrument is to be construed and interpreted as an irrevocable power of attorney coupled with an interest. It is executed and delivered in the State of and the laws of the State of shall govern all questions as to the validity of this Power of Attorney and the construction of its provisions.
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire FDD, while the document includes an Irrevocable Power of Attorney form, it does not specify a deadline for its execution. The document confirms that the instrument is to be construed as an irrevocable power of attorney coupled with an interest and is delivered in a specific state, with the laws of that state governing its validity and construction.
However, the FDD does mention a 90-day timeframe for acquiring or leasing an approved premises for the Franchised Business from the date of execution of the Franchise Agreement. It is not clear if the Irrevocable Power of Attorney needs to be executed within this same 90-day period or if there is a different deadline.
To clarify the specific deadline for executing the Irrevocable Power of Attorney, a prospective Buns On Fire franchisee should directly ask the franchisor for clarification. Understanding the timing requirements for this document is essential for ensuring compliance with the franchise agreement and avoiding potential complications.