Is there a penalty for cancelling the Canine Dimensions agreement within the specified timeframe?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
| You, the purchaser, may cancel this transaction at any time prior to midnight of the fifth business day after the date you sign this agreement. See the attached notice of cancellation for an explanation of this right. | ||
|---|---|---|
| Franchisee Initials Here: | ||
| NOTICE OF CANCELLATION | ||
| (enter date of transaction) | ||
| business day after the Effective Date. | You may cancel this transaction, without penalty or obligation, within five business days from the above date. If | |
| you cancel, any payments made by you under the agreement, and any negotiable instrument executed by you will | ||
| be returned within ten business days following the seller's receipt of your cancellation notice, and any security | ||
| interest arising out of the transaction will be cancelled. If you cancel, you must make available to the seller at your | ||
| business address all goods delivered to you under this agreement; or you may if you wish, comply with the | ||
| instructions of the seller regarding the return shipment of the goods at the seller's expense and risk. If you do make | ||
| the goods available to the seller and the seller does not pick them up within twenty days of the date of your notice | ||
| of cancellation, you may retain or dispose of them without further obligation. If you fail to make the goods available | ||
| to the seller, or if you agree to return them to the seller and fail to do so, then you remain liable for the performance | ||
| of all obligations under this agreement. To cancel this transaction, mail or deliver a signed and dated copy of this | ||
| cancellation notice or any other written notice, to Phil Guida at 23208 Sanabria Loop, Bonita Springs, Florida | ||
| 34135, phone (888) 281-3647 or an e-mail to phil@caninedimensions.com, not later than midnight of the fifth | ||
| I hereby cancel this transaction. | ||
| Franchisee: |
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
According to Canine Dimensions's 2025 Franchise Disclosure Document, a franchisee can cancel the transaction without incurring any penalties or obligations within a specific timeframe. The initial timeframe is three business days from the date of signing the agreement. However, the document also states that the cancellation period is five business days. If the franchisee cancels within this period, any payments made and negotiable instruments executed will be returned within ten business days following the seller's receipt of the cancellation notice, and any security interest will be canceled.
The franchisee must make available to the seller any goods delivered under the agreement, in substantially as good condition as when received, at their residence or business address. Alternatively, the franchisee can comply with the seller's instructions regarding the return shipment of the goods at the seller's expense and risk. If the franchisee makes the goods available, and the seller does not pick them up within twenty days of the cancellation notice, the franchisee may retain or dispose of the goods without further obligation.
To cancel the transaction, the franchisee must mail or deliver a signed and dated copy of the cancellation notice or any other written notice to Phil Guida at the specified address in Bonita Springs, Florida, or send a telegram or email to the provided contact information. The cancellation must be completed before midnight of the third or fifth business day, depending on which clause is applicable, after the effective date. It is important for prospective franchisees to clarify with Canine Dimensions which cancellation period applies to their agreement to ensure they adhere to the correct timeframe and avoid any potential disputes.