factual

Is there a specific date format required for the acknowledgement of receipt of the Ledgers addendum?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

The undersigned parties do hereby acknowledge receipt of this Addendum.
Dated this day of 20

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

According to the 2025 Ledgers Franchise Disclosure Document, the addendum acknowledgement includes a space for the date. The format provided is "Dated this ___ day of ______, 20".

This indicates that when acknowledging receipt of any addendum to the Ledgers franchise agreement, the franchisee and franchisor representatives must date the document. The suggested format includes spaces for the day and month, with the year provided, ensuring both parties are aware of when the addendum was officially acknowledged.

While Ledgers specifies a format, it is a relatively common and straightforward method for dating legal documents. Franchisees should ensure they accurately fill in the day and month to avoid any potential ambiguity regarding the acknowledgement date.

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.