To whom must I deliver a copy of the Receipt Page for Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit H contains two copies of a Receipt of our Disclosure Document. You must sign, date and deliver one copy of the Receipt Page to us for our records.
Source: Item 23 — RECEIPTS (FDD pages 46–134)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, after signing and dating the Receipt of Disclosure Document, you must deliver one copy of the Receipt Page to Ledgers for their records. This confirms that you received the FDD and acknowledges the start of the mandatory waiting period before you can sign the franchise agreement. This receipt is for Ledgers' records, indicating you've fulfilled your initial obligations in the franchise process.
This requirement is standard practice in franchising, ensuring franchisors can verify that prospective franchisees have been given the opportunity to review the FDD before entering into a binding agreement. The receipt serves as proof that Ledgers has complied with disclosure requirements under franchise law.
As a prospective franchisee, it is important to retain a copy of the Receipt Page for your own records as well. This documentation could be useful in the event of any disputes or misunderstandings regarding the disclosure process.