When must the Card My Yard Franchise Disclosure Questionnaire be signed and dated?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, Franchisor ("we" or "us"), and you are preparing to enter into a Franchise Agreement for the operation of a franchised location. You cannot sign or date this questionnaire the same day as the Receipt for the Franchise Disclosure Document, but you must sign and date it the same day you sign the Franchise Agreement. Please review each of the following questions carefully and provide honest responses to each question. If you answer "No" to any of the questions below, please explain your answer in the table provided below.
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the Franchise Disclosure Questionnaire cannot be signed or dated on the same day as the receipt for the Franchise Disclosure Document. However, it must be signed and dated on the same day the Franchise Agreement is signed.
This requirement ensures that prospective franchisees have had sufficient time to review the Franchise Disclosure Document (FDD) before completing the questionnaire. The waiting period allows them to carefully consider the information provided in the FDD and seek professional advice if needed.
By requiring the questionnaire to be signed on the same day as the Franchise Agreement, Card My Yard aims to confirm that the franchisee's responses are current and accurate at the time they commit to the franchise. This helps protect both the franchisee and the franchisor by ensuring that all parties are fully informed and in agreement before entering into the franchise relationship.