table_specific

For a Del Taco sublease, what information is associated with the 'Date of Sublease' field?

Del_Taco Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchise Sublease #
SIGNATURE PAGE TO FRANCHISE SUBLEASE BETWEEN DEL TACO LLC (SUBLANDLORD) AND (SUBTENANT) FOR DEL TACO NO IN WITNESS WHEREOF, the parties have executed this Sublease as of the date first set forth above.
Sublandlord: Del Taco LLC, a California limited liability company
Dated: By:
Name: Title:
Subtenant:
Dated: By:
Name:

Source: Item 23 — RECEIPTS (FDD pages 59–325)

What This Means (2025 FDD)

According to the 2025 Del Taco Franchise Disclosure Document, the 'Date of Sublease' field is associated with the execution of the franchise sublease agreement. The document indicates that the parties involved, Del Taco LLC as the sublandlord and the franchisee as the subtenant, execute the sublease as of the date first set forth in the signature page. This date signifies when the agreement becomes effective upon signing by both parties.

In practical terms, this means the franchisee's rights and obligations under the sublease, such as rent payments and adherence to lease terms, typically commence from this date. It is important for the franchisee to understand the implications of this date, as it marks the beginning of their lease responsibilities and the sublandlord's (Del Taco's) expectations regarding the property. The franchisee should ensure that the date accurately reflects when they intend to take possession and begin operations at the subleased location.

Prospective Del Taco franchisees should carefully review the sublease agreement and understand all associated dates, including the commencement date, payment schedules, and any deadlines related to property maintenance or compliance. Consulting with a legal professional to review the sublease terms is advisable to fully grasp the franchisee's obligations and rights under the 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.