Last updated more than a decade ago, the Federal Trade Commission (FTC) is in the process of their decennial review of the “Franchise Rule” that requires franchisors to provide potential franchisees with a franchise disclosure document (FDD) containing information about the offered franchise and the overall franchise system. This affords current and prospective franchise owners with the information they need to weigh the risks and benefits of a such a business investment.

NAR recently signed a coalition letter to the Housepdf and Senatepdf in support of the franchise model, which promotes business ownership and economic growth, with the help of  clear and consistent disclosure of information at the outset of the franchise relationship as outlined in the current rule. Stay tuned to nar.realtor for the latest information.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.
Advertisement