factual

When is the NSF Check Fee due for a Deer Solution franchisee?

Deer_Solution Franchise · 2025 FDD

Answer from 2025 FDD Document

lity assurance audit. | | NSF Check Fee of Failed Electronic Fund Transfer | $50 per violation or the maximum amount allowed by law, whichever is greater | As incurred | Payable if your bank account possesses insufficient funds and/or fails to process a payment or transfer related to a fee due from you to us. | |--------------------------------------------------------|----------------------------------------------------------------------------------------------|----------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------

Source: Item 6 — OTHER FEES (FDD pages 14–19)

What This Means (2025 FDD)

According to Deer Solution's 2025 Franchise Disclosure Document, the NSF Check Fee or Failed Electronic Fund Transfer fee is due as incurred. This means that if a Deer Solution franchisee's bank account has insufficient funds or fails to process a payment or transfer related to a fee owed to Deer Solution, the franchisee will be charged $50 per violation, or the maximum amount allowed by law, whichever is greater, and this fee is payable immediately as it is incurred.

This fee covers instances where a franchisee's payment to Deer Solution is rejected due to insufficient funds or a failed electronic transfer. The fee aims to cover the administrative costs and potential losses Deer Solution incurs as a result of the failed payment.

It is important for prospective Deer Solution franchisees to maintain sufficient funds in their designated bank accounts to avoid incurring this fee. Franchisees should also ensure that their electronic payment methods are properly set up and functioning correctly to prevent any failed transfers. This fee is in addition to any other fees or penalties that may be assessed for late or non-payment of amounts due under the Franchise Agreement.

Disclaimer: This information is extracted from the 2025 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.