For an individual franchisee of Caring Transitions, what date is associated with the first signature line?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
The Territory described in Section 1.2 of the Franchise Agreement to which this Exhibit B is attached shall consist of the following postal codes: between Franchisor and Franchisee. The parties are signing this Exhibit B on the date(s) set forth below. This Exhibit B is to be attached to, incorporated in and made a part of the Franchise Agreement FRANCHISEE(S): FRANCHISOR: C.T. FRANCHISING SYSTEMS, INC. Signature By: Date: Signature Date:
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to the 2025 Caring Transitions Franchise Disclosure Document, Exhibit B, which pertains to the territory outlined in Section 1.2 of the Franchise Agreement, includes signature lines for both the franchisee and the franchisor, C.T. Franchising Systems, Inc. The franchisee(s) and franchisor are expected to sign Exhibit B, with the corresponding dates to be entered on the provided signature lines.
For a prospective Caring Transitions franchisee, this signifies the formal agreement on the specific territory they will operate in. The franchisee's signature and date confirm their acceptance of the terms and conditions related to that territory. This agreement becomes an integral part of the overall Franchise Agreement.
The FDD excerpt specifies that the parties are signing Exhibit B on the dates set forth below, indicating that the date is to be filled in at the time of signing. This date is important as it marks the commencement of the agreement related to the franchisee's territory. Prospective franchisees should ensure that the date accurately reflects when they signed the document.
It is important to note that the excerpt does not provide a specific date, but rather indicates that the date will be entered at the time of signing. Therefore, the actual date will vary depending on when the franchisee and franchisor execute the agreement.