What signatures are required on this form related to a Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer 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, the receipt included with the FDD requires the prospective franchisee to sign and date it. This signed receipt must then be returned to Deck Medic, Inc. at their Frankfort, Illinois address.
This receipt serves as an acknowledgement that the franchisee received the FDD. Franchise laws mandate that franchisors provide the FDD to potential franchisees within a specific timeframe before any binding agreements are signed or payments are made. For Deck Medic, this timeframe is generally 14 calendar days, although certain states like New York, Rhode Island, and Michigan have slightly different requirements (10 business days before signing or payment).
The purpose of this requirement is to ensure that prospective franchisees have adequate time to review the document and seek professional advice before making a significant investment. By signing and returning the receipt, the franchisee confirms they received the FDD, which helps Deck Medic demonstrate compliance with franchise disclosure laws. Failure to provide the FDD on time or if the FDD contains false or misleading information, Deck Medic could be in violation of federal and state laws.