Review the guarantees and other agreements the franchisee must sign with the disclosure pack
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the disclosure pack and the drafts the lawyer uploads, list every agreement a franchisee, or a director or other person involved in the franchisee, must enter as a condition of the franchise. For each one record its type, whether a copy is in the pack, and the date it was given. Note a confidentiality agreement, a hire-purchase agreement, a guarantee and a loan where those are the drafts. Do not mark the pack as complete.
- What the lawyer must review
- The lawyer decides whether each required agreement was given in time, whether the 14-day wait has run from the documents in final form, and whether the franchisee has been told to get independent legal, business and accounting advice.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | From the disclosure pack and the drafts the lawyer uploads, list every agreement a franchisee, or a director or other person involved in the franchisee, must enter as a condition of the franchise. For each one record its type, whether a copy is in the pack, and the date it was given. Note a confidentiality agreement, a hire-purchase agreement, a guarantee and a loan where those are the drafts. Do not mark the pack as complete. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Look for a director's guarantee or a loan that is a condition of entry, not only the franchise agreement.
- Count 14 days from the documents in final form, including on a transfer.
- If a document was not available 14 days before entry, record the date it was actually given.
- Do not treat this list as the pre-signing timetable already in the catalogue. This list is the side agreements.
Sources
These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.
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