When applying for an Even Hotels franchise, under what circumstances are Individual or Business Entity Participant Information Forms required?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Copies of recorded formation and governing documents of the Applicant and its controlling entities (e.g., Articles of Incorporation, Partnership Agreement, Operating Agreement, etc.)
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- Upon request, completed Individual or Business Entity Participant Information Forms
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, applicants may need to complete Individual or Business Entity Participant Information Forms. These forms are required upon request from Even Hotels.
This means that as a prospective franchisee, you should be prepared to provide these forms if Even Hotels asks for them during the application process. The FDD also mentions that applicants need to submit copies of recorded formation and governing documents of the applicant and its controlling entities, such as Articles of Incorporation, Partnership Agreements, and Operating Agreements.
It is important to note that the FDD does not specify the exact reasons or criteria that would trigger a request for these information forms. Therefore, it is advisable to clarify with Even Hotels' franchise development team under which specific circumstances these forms are typically required to ensure you are fully prepared during the application process.