What is the version number of the Christian Brothers Automotive Franchise Agreement?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchise Agreement (Ver 04-14-2025)
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive Franchise Disclosure Document, the franchise agreement version is Ver 04-14-2025. This version number indicates the specific iteration of the franchise agreement that is current as of April 14, 2025. This date is important because the franchise agreement may be updated periodically by Christian Brothers Automotive, and this version number helps to ensure that all parties are referring to the same document.
For a prospective franchisee, knowing the version number is crucial for clarity and legal certainty. It confirms that the franchisee is reviewing the most up-to-date terms and conditions offered by Christian Brothers Automotive. Franchise agreements contain important details about the obligations, responsibilities, and rights of both the franchisor and franchisee.
It is typical in franchising to have version control on legal documents like the franchise agreement. This ensures that any changes or updates are clearly tracked and communicated. Franchisees should always confirm they have the latest version before signing any agreement to avoid misunderstandings or disputes later on. Prospective franchisees should also pay close attention to any amendments or addenda that may accompany the franchise agreement, as these can modify or clarify the terms of the base agreement.