Does the provided text specify any contract effective dates for C12 Group?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
This Franchise Agreement (the "Agreement") ismade on the Effective Date stated on the Summary Page (the "Effective Date") by and between The C12 Group, LLC (the "Franchisor"), a Texas Limited Liability Company, and the party or parties, whether one or more individuals or an entity, listed as Franchisee on the Summary Page (the "Franchisee").
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 C12 Group Franchise Disclosure Document, the Franchise Agreement specifies that the agreement is made on the Effective Date stated on the Summary Page. This means the exact date the agreement comes into force is determined and recorded on a Summary Page within the agreement itself. Prospective franchisees should pay close attention to this date, as it marks the official beginning of their rights and obligations under the franchise agreement.
Furthermore, the disclosure document issuance date is April 30, 2025. The document also states that C12 Group must provide the disclosure document to the prospective franchisee 14 calendar days before they sign a binding agreement or make a payment. New York and Rhode Island require the disclosure document at the earlier of the first personal meeting or ten business days before signing a binding agreement or making payment. Michigan requires ten business days before signing a binding agreement or making payment.
These timeframes are designed to ensure that franchisees have adequate time to review the FDD and seek professional advice before committing to the franchise. Franchisees should carefully note these dates and ensure they receive the FDD within the mandated timeframe to comply with federal and state laws. Missing these deadlines could potentially provide grounds for legal recourse if the franchisee feels they were not given adequate time to make an informed decision.