In the Checkers lease agreement, what information is required for the Tenant's signature?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
CHECKERS DRIVE-IN RESTAURANTS, INC., a Delaware corporation · · · · · · · · · · · · · · · · · · If a corporation, limited liability company or partnership: Print Name: (Name of corporation, limited liability company or partnership) *Effective Date: Print Name: D Print Name: 11tie Print Name: Print Name: If individuals: (Signature) (Print Name) (Signature) (Print Name) (Signature) (Print Name)
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the signature requirements for the tenant in the lease agreement depend on whether the tenant is a corporation, limited liability company, partnership, or an individual. If the tenant is a corporation, limited liability company, or partnership, the lease agreement requires the print name of the entity, and potentially a title, along with signature lines with printed names. If the tenant is an individual, the lease agreement requires a signature and printed name for each individual signing.
This level of detail is typical in franchise agreements to ensure clarity and legal enforceability. Requiring the printed name alongside the signature helps to avoid ambiguity about who signed the document. Specifying the title for entities ensures that the person signing has the authority to bind the company or partnership.
Prospective Checkers franchisees should pay close attention to these signature requirements to ensure that the lease agreement is properly executed. Failure to comply with these requirements could potentially lead to legal complications or disputes in the future. Franchisees should also note that Checkers has the right to approve the terms of any lease agreement.