Who is required to sign the Cr3 American Exteriors FDD addendum receipt?
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.
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to the 2025 Cr3 American Exteriors Franchise Disclosure Document, the franchisee is required to sign, date, and deliver one copy of the Receipt Page, which is included as Exhibit H, back to Cr3 American Exteriors for their records. This receipt acknowledges that the franchisee has received the Disclosure Document.
This requirement ensures that Cr3 American Exteriors can verify that prospective franchisees have been given the opportunity to review the FDD and are aware of the terms and conditions of the franchise offering. It also serves as a record that Cr3 American Exteriors has met its legal obligations regarding disclosure.
It is a common practice in franchising to require franchisees to sign a receipt acknowledging they received the FDD. This receipt helps protect both the franchisor and franchisee by documenting that the franchisee had access to important information before entering into the franchise agreement. The franchisee should carefully review the FDD and all related documents before signing the receipt.