Is there a requirement for Craters & Freighters franchisees to consult with an attorney before signing the release?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
The Parties have had adequate opportunity to consult with an attorney of their own choice, including with respect to the release of claims set forth herein.
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, while it is not a requirement, the document states that the parties involved in the agreement have had adequate opportunity to consult with an attorney of their own choice, specifically regarding the release of claims outlined in the agreement. This suggests that Craters & Freighters highly recommends franchisees seek legal counsel to fully understand the implications of the release before signing.
This clause ensures that franchisees are aware of their right to seek independent legal advice. By acknowledging that they had the opportunity to consult with an attorney, franchisees confirm they entered the agreement with informed consent. This protects both the franchisee and Craters & Freighters from potential future disputes regarding the validity and enforceability of the release.
While not mandatory, consulting with an attorney is a prudent step for any franchisee. An attorney can review the release, explain its terms, and advise the franchisee on their rights and obligations. This can help the franchisee make an informed decision about whether to sign the release and avoid potential legal issues down the road.