This document may be used to register an offer and sale of franchises or to register a renewal statement or annual report. The document also contains a certification statement.
Oregon Illinois Franchise Broker Registration Application
Category:
State:
Multi-State
Control #:
US-4-16-1-STP
Format:
Word;
Rich Text
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How to fill out Illinois Franchise Broker Registration Application?
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FAQ
Oregon is classified as a non-registration state because it has no laws requiring franchisors to register with the state as a franchise or business opportunity before offering or selling their franchise.
The franchise disclosure document (FDD) disclosure and waiting period is 14 days from the date the the FDD is delivered to a prospective franchisee and the FDD receipt page is signed.
When registration is required, franchisors must pay a $500 fee and submit the FDD with a franchise registration application form, sales agent disclosure forms, an auditor's consent, a service of process form, and certain other required documents to the Illinois Franchise Bureau (500 S.
Franchise Disclosure Document (FDD) The FDD is usually offered at a flat fee and can range from $20,000 to $35,000. This is paid to your lawyer.
Once a franchisor's information is retrieved you are provided with a summary of the franchisor's filings with the state and at the bottom of the "Filings Details" page you are able to download the franchisor's FDD.
The Franchise Disclosure Document (FDD) is a legal document that the Federal Trade Commission (FTC) requires franchisors to provide to prospective franchisees before selling a franchise.
California Free FDD Search This is a link to the search feature on the California Department of Business Oversight's website. When searching for an FDD you'll need to enter the legal / corporate name of the franchisor and select "Uniform Franchise Registration Application" as the application type.
Are franchise disclosure documents public record? Not all FDDs are public record because many franchise companies are privately owned. There is no requirement by the FTC that FDDs are public record. However, some state laws may require that an FDD is filed and registered with the state.