In the Deer Solution Franchise Agreement Schedule 3, what representation is the franchisee making regarding the schedule of owners?

According to Deer Solution's 2025 Franchise Disclosure Document, Schedule 3 of the Franchise Agreement requires the franchisee to provide a statement of the franchisee's owners. Specifically, the franchisee represents that the schedule provided is complete and accurately identifies all of the franchisee's owners, the managing owner, and their respective ownership interests in the Deer Solution franchise.

This representation is crucial for Deer Solution because it ensures transparency and clarity regarding the ownership structure of each franchise. This information helps Deer Solution understand who is responsible for the franchise's operations and who benefits financially from it. It also allows Deer Solution to maintain accurate records and communicate effectively with the appropriate individuals.

For a prospective Deer Solution franchisee, this means they must provide a comprehensive and truthful disclosure of all individuals or entities with an ownership stake in the franchise. This includes identifying a designated managing owner who will be primarily responsible for the franchise's day-to-day operations. Failure to accurately disclose this information could potentially lead to legal or contractual issues with Deer Solution.