What does Exhibit H contain regarding the Cr3 American Exteriors Disclosure Document?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit H contains two copies of a Receipt of our Disclosure Document. You must sign, date and deliver one copy of the Receipt Page to us for our records.
EXHIBIT H-RECEIPT
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If Tectum Franchising LLC d/b/a CR3 American Exteriors LLC offers you a franchise, it must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
Under Illinois, Iowa, Maine, Nebraska, Oklahoma, Rhode Island, or South Dakota law, if applicable, we must provide this Disclosure Document to you at your first personal meeting to discuss the franchise.
Michigan requires that we give you this Disclosure Document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
New York requires that we give you this Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If we do not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580 and the appropriate state agency listed on Exhibit D.
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to Cr3 American Exteriors' 2025 Franchise Disclosure Document, Exhibit H contains the Receipt for the Disclosure Document. The receipt confirms that the prospective franchisee has received the FDD. Cr3 American Exteriors requires franchisees to sign, date, and return one copy of the receipt to the company for their records.
In general, the Disclosure Document summarizes key provisions of the Franchise Agreement and other relevant information. Cr3 American Exteriors must provide this document to potential franchisees at least 14 calendar days before they sign any binding agreement or make any payment related to the franchise. Certain states, such as Illinois, Iowa, Maine, Nebraska, Oklahoma, Rhode Island, and South Dakota, require Cr3 American Exteriors to provide the FDD at the first personal meeting to discuss the franchise opportunity. Michigan requires a 10 business day review period before signing any agreement or making any payment. New York requires the FDD be provided at the earlier of the first personal meeting or 10 business days before signing or payment.
The FDD also states that a failure to deliver the Disclosure Document on time, or if it contains false, misleading, or omits material information, it may constitute a violation of federal and state laws. Such violations should be reported to the Federal Trade Commission and the appropriate state agency listed in Exhibit D.
In addition to Exhibit H, the FDD includes several other exhibits and schedules, such as state-specific addenda (Exhibit A), the Franchise Agreement (Exhibit B), financial statements (Exhibit C), a list of state administrators/agents for service of process (Exhibit D), lists of current and former franchisees (Exhibits E-1 and E-2), the table of contents for the operations manual (Exhibit F), state effective dates (Exhibit G), and various schedules related to territory, minimum requirements, bank draft authorization, telephone number assignment, personal guaranty, and release.