Separate the pre-sale waiting period from a cooling-off refund

Key facts

Human involvement
YellowClose supervision
How AI is used
Record the date the disclosure was furnished and the date of signing or payment, and copy any contractual rescission clause with its page. Do not calculate a refund.
What the lawyer must review
Section 436.2 requires the franchisor to furnish the current disclosure document at least 14 calendar days before the prospective franchisee signs a binding agreement or makes a payment to the franchisor or an affiliate. That is a pre-sale timing rule. Part 436 as opened does not give a general post-signing cooling-off right or a statutory refund. The lawyer decides whether the contract itself allows rescission and computes any amount. Do not use a door-to-door rule. None was opened.
Written for / version
United States versionUS

Who does what

Who does what
RoleWhat they do
AssistancePotential support includes preparing preliminary structure or wording and assembling provisional schedules. Confirm the tool’s capability and permitted scope.
LawyerSet the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output.

Checklist

  1. Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
  2. Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
  3. Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
  4. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
  5. Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.

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