The Uniform Franchise Disclosure Document. Franchisors are obliged to provide prospective franchisees with disclosure documents and final franchise contracts no less than 14 days before a franchise sale.You'll want to find out from the required disclosure document whether the franchisor has a federally registered trademark. Our firm has reviewed thousands of franchise offerings and proposed franchise agreements. Item 1 tells you how long the franchisor has been in business and its likely competition. Review the entire FDD (23 sections), Franchise Agreement and ancillary documents you may be required to sign. As a result, a Draft NonExclusive Commercial Franchise Agreement (Agreement) has been completed. The parties involved in a franchise agreement are the franchisor and franchisee. My Franchise Agreement Contains an Arbitration Clause, What are My Options? What is the Statute of Limitations in a Franchise Case?