What is Exhibit F of the Casa De Corazon Disclosure Document?
Casa_De_Corazon Franchise · 2025 FDDAnswer from 2025 FDD Document
IVE FRANCHISEES SHOULD BE ADVISED THAT NO CERTIFIED PUBLIC ACCOUNTANT HAS AUDITED THESE FIGURES OR EXPRESSED HIS/HER OPINION WITH REGARD TO THE CONTENTS AND FORM.
ITEM 22 CONTRACTS
Attached to this Disclosure Document as Exhibit A are state specific addenda to the Disclosure Document. Attached as Exhibit F is a copy of the form Casa de Corazon Franchise Agreement, state specific addenda to the Franchise Agreement, if any, form of a Guaranty to be signed by shareholders of a corporate franchisee, members of a limited liability company franchisee (and their spouses), or partners of a partnership franchisee (and their spouses), as a condition to your transfer of the Franchise Agreement to a corporation, limited liability company or partnership, a Statement of Ownership and Management, Lease Rider, and a Declaration of Restrictions, Notice of Option. Also attached is a form of a transfer form if you want to sell, assign or transfer your Franchise Agreement to a corporation, limited liability company, or partnership you own and an example of a release you must sign if you want to sell, assign or transfer your Franchise Agreement to an unrelated third party or to an entity or partnership you do not own or control.
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2025 FDD)
According to the 2025 Casa De Corazon Franchise Disclosure Document, Exhibit F includes the Casa De Corazon Franchise Agreement and related documents. This exhibit contains the standard franchise agreement form, any state-specific addenda, a form of guaranty to be signed by shareholders of a corporate franchisee, members of a limited liability company franchisee (and their spouses), or partners of a partnership franchisee (and their spouses), as a condition to your transfer of the Franchise Agreement to a corporation, limited liability company or partnership, a Statement of Ownership and Management, Lease Rider, and a Declaration of Restrictions, Notice of Option.
For a prospective franchisee, Exhibit F is a crucial document as it outlines the legal obligations, rights, and responsibilities of both the franchisee and Casa De Corazon. It details the terms and conditions under which the franchise will operate, including the use of Casa De Corazon’s trademarks, operational systems, and business model. The inclusion of state-specific addenda indicates that certain provisions of the franchise agreement may vary based on the franchisee's location, ensuring compliance with local laws and regulations.
The exhibit also contains various related documents such as the Guaranty, Statement of Ownership and Management, Lease Rider, and Declaration of Restrictions, Notice of Option. These documents address different aspects of the franchise relationship, such as financial guarantees, ownership structure, and property-related matters. Reviewing Exhibit F carefully is essential for any potential Casa De Corazon franchisee to fully understand the legal and operational framework of the franchise and to make an informed decision about investing in the franchise opportunity.