Q: When must a franchise disclosure document (FDD) be delivered to a prospective franchisee.
A: Under the Federal Franchise Rule, Franchisors must provide "prospective franchisees" (considering the purchase and investment in a franchise) with the Franchisor's Franchise Disclosure Document at least fourteen (14) days prior to signing any contract with the franchisor or paying any money to the franchisor.
Charles N. Internicola is a franchise lawyer who represents individual and established franchisees throughout the United States, in all fifty states, including New York and New Jersey. Charles is the author of "An Entrepreneurs Guide to Purchasing a Business" and the editor of the "Franchise Law Blog". If you a buying a franchise, it is important that you obtain an independent evaluation of your franchise agreement and FDD from an experienced franchise lawyer. ContactCharles Internicola to discuss the services that he offers to protect franchisees before you sign any agreements.
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