Opening and Intake
Confirm parties, entities, signers, deal structure, deadlines, earnest money, required documents, and key transaction contacts.
Franchise escrow
Rain Law Firm supports franchise buyers, sellers, brokers, lenders, and franchisor contacts from signed LOI through closing and post-closing reconciliation.
What gets handled
Franchise transfers involve more than a deposit and a closing statement. They often include transfer approvals, lender requirements, lease assignments, UCC liens, tax status questions, training requirements, revenue allocations, and party anxiety around wire transfers.
Rain Law Firm acts as neutral escrow agent and closing coordinator, keeping the file organized while encouraging each party to obtain independent legal and financial advice where appropriate.
Confirm parties, entities, signers, deal structure, deadlines, earnest money, required documents, and key transaction contacts.
Prepare or coordinate escrow agreements, APAs, bills of sale, assignments, releases, resolutions, addenda, and closing statements.
Track lender items, franchisor approvals, lease issues, lien releases, tax clearance, source of funds, and wire verification.
Deliverables
The goal is a transaction record that makes funds, approvals, signatures, and responsibilities understandable.
Neutral escrow
Rain Law Firm serves as neutral escrow agent in these matters and does not represent buyer or seller unless a separate non-conflict engagement is appropriate. Each party should use independent legal, tax, and financial advisors for individual advice.