For Bw Premier Collection, what documentation is required if the applicant leases or will lease the property?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| Select one: | ||
|---|---|---|
| Applicant owns/will own the Property (provide a copy of the Bill of Sale, Deed, Title Insurance or other document confirming ownership or potential ownership of the Property). Date Property Purchased/Estimated Close of Escrow (Mo/Day/Yr) Applicant leases/will lease the Property (provide a copy of the lease or evidence of intent to lease). Start of Lease/Estimated Start of Lease (Mo/Day/Yr) | ||
| Select ownership/lessee type: | ||
| Corporation | Trust | |
| Limited Liability Company | Individuals | |
| Limited Partnership | Other Entity (state entity type): | |
| Partnership | ||
| A. | ||
| ENTITY BREAKDOWN | Complete the following for the entity that holds the ownership or leasing interest in the Property. Attachment A (page |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, if an applicant leases or will lease the property, they must provide a copy of the lease or evidence of intent to lease. The documentation should also include the start date or estimated start date of the lease, expressed as month/day/year.
This requirement ensures that Bw Premier Collection has documentation confirming the applicant's legal right to occupy and operate the hotel at the specified location. Providing 'evidence of intent to lease' suggests that Bw Premier Collection may be flexible in the timing of providing the final lease agreement, allowing applicants who are in the process of finalizing a lease to move forward with the application process.
In addition to providing leasing documentation, the applicant must complete Attachment A, which pertains to the entity holding the leasing interest in the property. This includes providing the entity's name, address, city, state/province, zip/postal code, phone number, extension, date the entity was formed (month/day/year), and the state/province where the entity was formed. This comprehensive information helps Bw Premier Collection assess the stability and legitimacy of the leasing entity.