What is the date format used in the Mr. Sandless Guaranty Agreement?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| WHEREAS, a Guaranty Agreement dated, 20 is being entered into between |
|---|
| Mr. Sandless Franchise LLC ("Franchisor") and |
| ("Guarantor"), |
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, the Guaranty Agreement includes a space for the date. The format presented in the document is "dated, 20". This suggests that the date format requires the day and then the year.
Prospective Mr. Sandless franchisees should note that this format appears in the context of clauses where the guarantor acknowledges their understanding of the franchise agreement and their role in guaranteeing the franchisee's obligations. The guarantor is confirming they have investigated the Mr. Sandless franchise program and understand the associated business risks.
It is important for the franchisee and the guarantor to carefully review all agreements and ensure all dates and information are accurately filled out. If there are any questions regarding the date format or any other part of the agreement, it is advisable to seek legal counsel.