When is an offer or sale of a Deck Medic franchise deemed to be made in New York?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
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- There are circumstances in which an offering made by Deck Medic, Inc. would not fall within the scope of the New York General Business Law, Article 33, such as when the offer and acceptance occurred outside the state of New York. However, an offer or sale is deemed made in New York if you are domiciled in New York or the Outlet will be opening in New York. Deck Medic, Inc. is required to furnish a New York prospectus to every prospective franchisee who is protected under the New York General Business Law, Article 33.
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, an offer or sale of a franchise is considered to be made in New York if the prospective franchisee is domiciled in New York or if the Deck Medic outlet will be located in New York. Deck Medic is obligated to provide a New York prospectus to every prospective franchisee who is protected under the New York General Business Law, Article 33.
This means that if you live in New York or plan to open your Deck Medic franchise in New York, the franchise offering is subject to New York franchise laws. These laws provide certain protections to franchisees, and Deck Medic must provide you with a specific disclosure document tailored to New York law.
It's important for prospective franchisees to understand their rights under New York law, as these rights cannot be waived. Deck Medic is required to furnish a New York prospectus to every prospective franchisee who is protected under the New York General Business Law, Article 33.