Does Deka Lash require franchisees to acknowledge receiving the Franchise Agreement where there have been material changes made to the franchise agreement in favor of the franchisor before signing a binding agreement?

Yes, according to the 2024 Deka Lash Franchise Disclosure Document, franchisees must acknowledge that they received the Franchise Agreement with any material changes favoring the franchisor at least 8 calendar days (7 complete days) before signing a binding agreement or making a payment related to the franchise sale. This acknowledgement is part of Deka Lash's closing acknowledgements.

This requirement ensures that prospective Deka Lash franchisees have adequate time to review and consider any changes that benefit the franchisor before committing to the agreement. The 8-day review period allows franchisees to seek legal counsel or conduct further due diligence on the revised terms.

By requiring this acknowledgement, Deka Lash aims to ensure transparency and compliance with franchise disclosure laws. This practice is intended to prevent franchisees from claiming they were unaware of material changes to the agreement before signing. Franchisees should carefully review all documents and seek professional advice to fully understand the implications of any changes.