The document that consummates the sale of a franchise is called the
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Disclosure Document: Also known as the Franchise Disclosure Document(FDD). Formerly known as the Uniform Franchise Offering Circular (UFOC)
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The document that accomplish the sale of a franchise is called as the franchise disclosure document (FDD).
It is a legal document which is presented to prospective purchasers of the franchises in the pre-sale disclosure process it was initially known as the Uniform Franchise Offering Circular (UFOC) and uniform franchise disclosure document.
It underlies the franchise agreement between the parties when the contract is formally signed.
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