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- Franchise_disclosure_document abstract "A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States. It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007. Franchisors were given until July 1, 2008 to comply with the changes.The Federal Trade Commission Rule of 1979 which governs disclosure of essential information in the sale of franchises to the public underlies the state FDD's and prohibits any private right of action for the violation of the mandated disclosure provisions of the FDDs. Therefore, the FDD implies that only the federal government or the state governments have the right to sue and negotiate consent decrees and rescissions with those franchisors who violate the provisions of the FTC Franchise Rule. However, various state franchise laws that provide for use of an FDD, in lieu of their own disclosure requirements, may create private rights of action, where a franchisor has violated its disclosure obligations in its FDD. The Franchise Rule specifies FDD disclosure compliance obligations as to who must be the one to prepare the disclosures, who must furnish them to prospective franchisees, how franchisees receive the disclosures, and how long franchisees must have to review the disclosures and any revisions to the standard franchise agreement.The FDD underlies the franchise agreement (the formal sales contract) between the parties at the time the contract is formally signed. This franchise sales contract governs the long-term relationship – the terms of which generally range from five to twenty years. The contracts cannot generally be changed unless there is agreement of both parties.Under the Franchise Rule, which is enforced by the Federal Trade Commission (FTC), a prospective franchisee must receive the franchisor’s FDD franchise disclosure document at least 14 days before they are asked to sign any contract or pay any money to the franchisor or an affiliate of the franchisor. The prospective franchisee has the right to ask for (and get) a copy of the sample franchise disclosure document once the franchisor has received the prospective franchisee’s application and agreed to consider it.The franchisor may provide a copy of its franchise disclosure documents on paper, via email, through a web page, or on a disc.Franchise disclosure document requirements.According to the Federal Trade Commission, there are 15 states that require franchisors to give a FDD to franchisees before any franchise agreement is signed. Thirteen of those states require that they be filed by a state agency for public record.All franchise buyers should use information contained in the FDD in their franchise research.".
- Franchise_disclosure_document wikiPageExternalLink page=102.
- Franchise_disclosure_document wikiPageExternalLink understanding-franchise-terminology.
- Franchise_disclosure_document wikiPageExternalLink faq1.shtm.
- Franchise_disclosure_document wikiPageExternalLink 3697.cfm.
- Franchise_disclosure_document wikiPageExternalLink researching-franchise.
- Franchise_disclosure_document wikiPageExternalLink franchisedisclosuredocument.
- Franchise_disclosure_document wikiPageID "4690879".
- Franchise_disclosure_document wikiPageLength "14166".
- Franchise_disclosure_document wikiPageOutDegree "18".
- Franchise_disclosure_document wikiPageRevisionID "698461408".
- Franchise_disclosure_document wikiPageWikiLink American_Association_of_Franchisees_and_Dealers.
- Franchise_disclosure_document wikiPageWikiLink Category:Distribution,_retailing,_and_wholesaling.
- Franchise_disclosure_document wikiPageWikiLink Category:Franchises.
- Franchise_disclosure_document wikiPageWikiLink Category:Marketing.
- Franchise_disclosure_document wikiPageWikiLink Federal_Trade_Commission.
- Franchise_disclosure_document wikiPageWikiLink Franchise_Rule.
- Franchise_disclosure_document wikiPageWikiLink Franchise_agreement.
- Franchise_disclosure_document wikiPageWikiLink Franchise_fraud.
- Franchise_disclosure_document wikiPageWikiLink Franchise_termination.
- Franchise_disclosure_document wikiPageWikiLink Franchise_validation.
- Franchise_disclosure_document wikiPageWikiLink Franchising.
- Franchise_disclosure_document wikiPageWikiLink Gag_order.
- Franchise_disclosure_document wikiPageWikiLink United_States.
- Franchise_disclosure_document wikiPageWikiLinkText "Franchise disclosure document".
- Franchise_disclosure_document wikiPageUsesTemplate Template:Refimprove.
- Franchise_disclosure_document wikiPageUsesTemplate Template:Reflist.
- Franchise_disclosure_document subject Category:Distribution,_retailing,_and_wholesaling.
- Franchise_disclosure_document subject Category:Franchises.
- Franchise_disclosure_document subject Category:Marketing.
- Franchise_disclosure_document hypernym Document.
- Franchise_disclosure_document type Book.
- Franchise_disclosure_document type Company.
- Franchise_disclosure_document type Brand.
- Franchise_disclosure_document type Company.
- Franchise_disclosure_document type Redirect.
- Franchise_disclosure_document comment "A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States. It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.".
- Franchise_disclosure_document label "Franchise disclosure document".
- Franchise_disclosure_document sameAs Q5479764.
- Franchise_disclosure_document sameAs Documento_de_divulgación_de_franquicias.
- Franchise_disclosure_document sameAs m.0chjnm.
- Franchise_disclosure_document sameAs Q5479764.
- Franchise_disclosure_document wasDerivedFrom Franchise_disclosure_document?oldid=698461408.
- Franchise_disclosure_document isPrimaryTopicOf Franchise_disclosure_document.