In the receipt section, is the franchisee required to print their name when signing the Mrcool document?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchisor: MRCOOL Franchising, LLC | Franchisee: |
|---|---|
| Signature | Signature |
| Name and Title (please print) | Name (please print) |
| Dated | Dated |
Source: Item 23 — RECEIPTS (FDD pages 55–263)
What This Means (2025 FDD)
According to Mrcool's 2025 Franchise Disclosure Document, the franchisee is required to print their name when signing the receipt. The receipt included in Exhibit K of the FDD has a signature line for both the franchisor, MRCOOL Franchising, LLC, and the franchisee.
Below the signature line for the franchisee, there is a space for "Name (please print)". This indicates that in addition to signing the document, the franchisee must also print their name legibly in the space provided. There is also a space to date the signature.
This requirement ensures clarity and helps to avoid any ambiguity regarding the identity of the person signing the document. It is a standard practice in legal documents to have both a signature and a printed name for verification purposes.