---
title: "Count the 14 calendar days before a franchise signing or payment"
url: "https://ailawframework.com/practice/franchising-and-distribution/diary-the-information-statement-from-the-day-a-person-shows-interest/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A34-OB20261022-13-US"
practice_area: "Franchising & Distribution"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Count the 14 calendar days before a franchise signing or payment

> Record the date the current disclosure document was furnished, the date of any binding agreement with the franchisor or an affiliate, and the date of any payment to either of them in connection with the proposed sale.…

Canonical page: https://ailawframework.com/practice/franchising-and-distribution/diary-the-information-statement-from-the-day-a-person-shows-interest/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Franchising & Distribution](https://ailawframework.com/practice/franchising-and-distribution.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Record the date the current disclosure document was furnished, the date of any binding agreement with the franchisor or an affiliate, and the date of any payment to either of them in connection with the proposed sale. Do not count a cooling-off period after signing. |
| What the lawyer must review | 16 CFR 436.2(a) makes it an unfair or deceptive act under section 5 of the FTC Act to fail to furnish the current disclosure document at least 14 calendar days before the prospective franchisee signs a binding agreement with, or makes any payment to, the franchisor or an affiliate in connection with the proposed franchise sale. Item 23's receipt includes that 14-calendar-day sentence. The lawyer counts the days on the documents in the file and decides whether an exemption in 16 CFR 436.8 applies. The opened rule is a pre-signing and pre-payment delivery rule. ABA Model Rules 1.1 and 5.3 and Formal Opinion 512 leave the count with the lawyer. |
| Written for | United States |
| Applies to | [Diary the information statement from the day a person shows interest](https://ailawframework.com/practice/franchising-and-distribution/diary-the-information-statement-from-the-day-a-person-shows-interest.md) |

## Checking plan

- What the AI does: Record the date the current disclosure document was furnished, the date of any binding agreement with the franchisor or an affiliate, and the date of any payment to either of them in connection with the proposed sale. Do not count a cooling-off period after signing.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- The 14 calendar days run before signing a binding agreement or paying the franchisor or an affiliate. The opened text does not add a cancellation period after signing.
- A renewal or extension uses this count only when it is a sale under 16 CFR 436.1(t). That question is separate.
- The eCFR page says it is not an official legal edition of the CFR. The FTC page confirms that the rule requires a disclosure document with 23 items. The day count is in the eCFR text.

## Sources

- [eCFR, 16 CFR Part 436, Disclosure Requirements and Prohibitions Concerning Franchising](https://www.ecfr.gov/current/title-16/chapter-I/subchapter-D/part-436) (checked 2026-10-22)
- [FTC Franchise Rule page, 16 CFR Parts 436 and 437](https://www.ftc.gov/legal-library/browse/rules/franchise-rule) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*