Extract initial fees, other fees and the estimated initial investment
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Copy Item 5 initial fees, the Item 6 other-fees rows and the Item 7 estimated initial investment into a table. Put the disclosure-document page beside every figure. Write no fee the document does not state.
- What the lawyer must review
- Open the cited page for every figure, including whether the fee is refundable and whether it is uniform. 16 C.F.R. § 436.5(e) covers initial fees, § 436.5(f) other fees paid to the franchisor or its affiliates or collected for a third party, and § 436.5(g) the estimated initial investment. This table is not a financial performance representation. Item 19 is a separate rule. Do not add a sales or profit figure.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes assembling provisional schedules. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Open each relied-on authority independently. Confirm its existence, current status, proposition and any quotation or pinpoint reference.
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.
Related tasks
Draft or review a franchise disclosure document against the prescribed headingsCheck the franchisor's disclosure and any registration the jurisdiction requiresDraft or review a franchise agreement from the disclosure and the term sheetBuild a franchisee due-diligence issues list from the disclosure pack