| name | fdd-receipt |
| language | en |
| description | Drafts a Receipt of Franchise Disclosure Document proving FTC Franchise Rule compliance under 16 C.F.R. § 436. Produces an execution-ready acknowledgment with franchisee identification, delivery date, FDD version, exhibit inventory, and dual signature blocks. Use when creating FDD receipts, franchise disclosure acknowledgments, or Item 19 FPR attestations. |
| tags | ["agreement","drafting","transactional"] |
Receipt of FDD Form
Drafts an execution-ready FDD Receipt establishing an evidentiary record of 14-day delivery compliance for regulatory audits, state examinations, or litigation.
Prerequisites
Collect before drafting:
- Franchisor — legal entity name and principal address as on FDD cover page
- Franchisee — full legal name (individual or entity), address, contact info; if entity: formation state and authorized signer
- FDD details — issuance date, version/amendment designations, state registration numbers if applicable
- Exhibit inventory — all exhibits, attachments, addenda, and ancillary agreements delivered with the FDD
- Jurisdiction — whether registration states apply (CA, NY, IL, MD, MN, VA, WA, WI, etc.) requiring additional acknowledgment language
Document Sections
| Section | Contents |
|---|
| Header | Title; franchisor legal name; principal address; document date (spell out month) |
| Franchisee ID | Legal name; entity type/formation state; address; phone; email; authorized signer if entity |
| Acknowledgment | First-person attestation per checklist below |
| FDD Specification | Issuance date; version; state registration numbers; complete exhibit list |
| Signatures | Dual blocks (franchisee + franchisor rep) with E-SIGN/UETA language |
Acknowledgment Checklist
Franchisee attestation must confirm:
- Received complete FDD including all exhibits, FPRs (if any), and state addenda on [spelled-out date]
- Understands 14-calendar-day waiting period before signing or paying (except permitted escrow under § 436)
- Afforded opportunity to consult legal counsel, accountants, and advisors
- No oral or written representations contradict or supplement the FDD
- If Item 19 FPR exists: Received and reviewed FPRs; understands their limitations
- If no Item 19 FPR: Understands franchisor made no earnings claims; will not rely on unauthorized claims
Signature Blocks
FRANCHISEE:
Signature: ________________________
Printed Name: _____________________
Title (if entity): ________________
Date: _____________________________
FRANCHISOR: [Legal Entity Name]
Signature: ________________________
Printed Name: _____________________
Title: _____________________________
Date: _____________________________
Include counterpart execution clause and E-SIGN Act / UETA electronic signature authorization if applicable.
Pitfalls and Checks
- Date format — always spell out the month ("January 15, 2025"); never numeric-only
- Entity signers — distinguish "individually" vs. "as [Title] of [Entity Name]"
- Registration states — add state-specific addenda acknowledgment for CA, NY, IL, MD, MN, VA, WA, WI; check uploaded documents for applicable states
- Exhibit completeness — cross-reference FDD table of contents to verify exhibit list is exhaustive
- Minimal placeholders — insert transaction data from uploaded documents; bracket only genuinely unknown fields
- State timing mandates — 16 C.F.R. § 436 governs federal requirements; always check for additional state-level timing or content rules
