The New York Franchise Seller Disclosure Form is a document required by the New York State Department of Law for any person or business that wishes to sell a franchise in the state. This form requires the seller to provide full disclosure to prospective franchisees about the franchise and its operations. It must include information such as the franchise fee, any additional fees or charges, start-up costs, training requirements, and any restrictions on franchisees. The form also requires the seller to provide financial and legal documents about the franchisor and the franchise. There are two types of the New York Franchise Seller Disclosure Form: the Long Form and the Short Form. The Long Form provides more detailed information about the franchise and must be used if the franchisor has more than five franchisees. The Short Form can be used when the franchisor has fewer than five franchisees.