Does the Deka Lash franchise agreement disclaim any representations made in the franchise disclosure document?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
DL FRANCHISING, LLC ("Deka Lash") ("we/us"), through the use of this Franchisee Closing Acknowledgement, desires clarify and confirm your understanding and acceptance of the terms of the agreements, to verify certain information about the sales process, and to confirm that we and our employees have complied with applicable franchise disclosure laws and have not authorized anything that may be untrue, inaccurate or misleading. We further desire to confirm that you fully understand that the purchase of a Deka Lash franchise is a business decision involving the evaluation of many risks. Our policy is to verify and confirm that in making your decision you are not relying upon any oral statement, representation, promise or assurance made during the negotiations for the purchase of a Deka Lash franchise by any of our directors, officers, employees, agents, or representatives (each, a "Representative") that is not specifically reported in our then-current Franchise Disclosure Document, including all of the exhibits attached to it (the "Franchise Disclosure Document"). Please review each of the following questions and statements and INITIAL ONLY IF YOU AGREE WITH SUCH. IF YOU DO NOT AGREE WITH THE FOLLOWING, DO NOT SIGN YOUR FRANCHISE AGREEMENT.
- I have personally and carefully reviewed the Franchise Disclosure Document and Deka Lash Franchise Agreement and understand the terms, conditions, and obligations of these agreements.
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, the company uses a Franchisee Closing Acknowledgement to confirm the franchisee's understanding and acceptance of the franchise terms. Deka Lash aims to verify information about the sales process and confirm compliance with franchise disclosure laws.
Specifically, Deka Lash seeks to ensure that franchisees are not relying on any oral statements, representations, promises, or assurances made by the company's representatives that are not explicitly documented in the Franchise Disclosure Document. This includes all exhibits attached to the document.
Before signing the Franchise Agreement, prospective franchisees must review a series of statements and initial them only if they agree. This process reinforces that the franchisee has carefully reviewed the Franchise Disclosure Document and the Deka Lash Franchise Agreement, and that they understand the terms, conditions, and obligations outlined within these agreements. This acknowledgement is not used for franchise sales to residents of California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin.