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In the Deck Medic receipt form, what information about the franchisee's signature is required?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

Please sign this copy of the receipt, date your signature, and return it to Deck Medic, Inc., 966 Lambrecht Road, Frankfort, Illinois 60423.

Source: Item 23 — RECEIPTS (FDD pages 43–228)

What This Means (2024 FDD)

According to Deck Medic's 2024 Franchise Disclosure Document, after receiving the disclosure document, a prospective franchisee must sign and date a copy of the receipt and return it to Deck Medic, Inc. at their Frankfort, Illinois address. This confirms that the franchisee received the document, which summarizes the Franchise Agreement.

Deck Medic is legally obligated to provide this document to the potential franchisee at least 14 calendar days before any binding agreements are signed or payments are made. This waiting period allows the franchisee adequate time to review the document and seek professional advice.

Certain states, such as New York, Rhode Island, and Michigan, have their own specific requirements regarding the timing of the disclosure. These states may require the document to be provided even earlier, such as at the first personal meeting or a certain number of business days before signing any agreements or making payments. The receipt serves as proof that Deck Medic has met these legal obligations and provided the necessary information to the franchisee within the required timeframe.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.