What is the timeframe in Connecticut and Michigan for receiving the Embassy Suites disclosure document before executing any binding agreement or payment of consideration?

According to Embassy Suites's 2025 Franchise Disclosure Document, prospective franchisees in Connecticut and Michigan must receive the disclosure document at least 10 business days before signing any binding franchise agreement or making any payment. This requirement ensures that potential franchisees have sufficient time to review the FDD and seek professional advice before committing to the franchise.

This disclosure period is mandated by Connecticut and Michigan state laws to protect franchisees from entering into agreements without adequate information. The 10-business-day timeframe provides a window for thorough due diligence, allowing franchisees to assess the risks and benefits associated with the Embassy Suites franchise opportunity. It also enables them to consult with attorneys, accountants, and other advisors to make informed decisions.

It's important to note that the disclosure requirements can vary by state. For instance, the FDD mentions that Iowa and Maine have different rules, requiring disclosure at the earlier of the first personal meeting or 14 days before signing an agreement or making a payment. Franchisees should be aware of the specific regulations in their state to ensure compliance and protect their rights. Failing to receive the FDD within the mandated timeframe may constitute a violation of federal and state laws, as stated in the document.