factual

Does the Chocolate Bash General Release require the Releasor to sign any additional documents?

Chocolate_Bash Franchise · 2024 FDD

Answer from 2024 FDD Document

[This is our current standard form of General Release. This document is not signed when you purchase a franchise. In circumstances such as a renewal of your franchise or as a condition of our approval of a sale of your franchise, we may require you to sign a general release.]

This General Release ("Release") is executed by the undersigned ("Releasor") in favor of Chocolate Bash Franchising, LLC, a Wyoming limited liability company ("CB Franchising").

Source: Item 22 — CONTRACTS (FDD pages 38–39)

What This Means (2024 FDD)

According to Chocolate Bash's 2024 Franchise Disclosure Document, the standard General Release form is included as Attachment 5 to the Franchise Agreement. The document states that this release is not signed when initially purchasing a franchise. However, Chocolate Bash may require a franchisee to sign the general release in circumstances such as a franchise renewal or as a condition for approving a sale of the franchise. The FDD does not specify that the Releasor needs to sign any additional documents along with the General Release.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.