What is the effect of sending the Transfer Agreement via facsimile for Burneys Sweets More?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement may be executed in any number of counterparts and sent via facsimile, each of which will be deemed an original but all of which taken together will constitute one and the same instrument.
Source: Item 23 — RECEIPT (FDD pages 50–199)
What This Means (2025 FDD)
According to the 2025 Burneys Sweets More Franchise Disclosure Document, the Transfer Agreement can be sent via facsimile. The document states that the agreement may be executed in any number of counterparts and sent via facsimile. Each copy will be considered an original, and all copies taken together will constitute one and the same instrument.
This means that for a Burneys Sweets More franchise transfer, the parties involved can exchange signed copies of the Transfer Agreement via fax, and these copies will have the same legal effect as physically signed originals. This can expedite the transfer process, as it eliminates the need to physically mail or deliver the documents.
However, it is important to ensure that the facsimile copies are clear and legible to avoid any disputes over the terms of the agreement. Both the buyer and seller should retain copies of all executed counterparts for their records.