For a Crowne Plaza franchise in Michigan, when must Holiday Hospitality Franchising, LLC provide the disclosure document?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
If Holiday Hospitality Franchising, LLC does 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 state agency listed on Exhibit E.
Source: Item 23 — Receipts (FDD pages 100–424)
What This Means (2025 FDD)
According to the 2025 Crowne Plaza Franchise Disclosure Document, Holiday Hospitality Franchising, LLC must provide the disclosure document to prospective franchisees in Michigan at least 10 business days before the earlier of two events. These events are the execution of any binding franchise or other agreement, or the payment of any consideration related to the franchise.
This stipulation ensures that potential Crowne Plaza franchisees in Michigan have sufficient time to review the FDD and seek professional advice before committing to the franchise. The 10-business-day period allows franchisees to carefully consider the terms of the franchise agreement, assess the risks and benefits, and make an informed decision.
It is important for prospective Crowne Plaza franchisees to note that failure by Holiday Hospitality Franchising, LLC to deliver the disclosure document on time, or if the document contains false or misleading statements or material omissions, may constitute a violation of federal and state law. Such violations should be reported to the Federal Trade Commission and the relevant state agency.