{"ok":true,"canonical_url":"https://dealroom.so/glossary/fdd-addendum","api_url":"https://dealroom.so/api/public/glossary/fdd-addendum","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"fdd-addendum","term":"FDD Addendum","aka":"Franchise Disclosure Document Addendum","group":"People and paperwork","definition":"A separate document that modifies or updates the standard Franchise Disclosure Document (FDD). For a buyer, it contains critical, recent changes to the franchise offering.","what_it_means":"When buying an existing franchise, you'll review the FDD to understand the franchisor's terms. An FDD Addendum often contains state-specific disclosures or recent updates since the last FDD filing. Always ensure you receive and carefully review any addenda, as they can significantly impact your rights and obligations as a franchisee.","url":"https://dealroom.so/glossary/fdd-addendum","official_sources":[],"related":[{"slug":"franchise","term":"Franchise","url":"https://dealroom.so/glossary/franchise"},{"slug":"franchise-agreement","term":"Franchise agreement","url":"https://dealroom.so/glossary/franchise-agreement"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[{"question":"If a franchise agreement is listed on the SBA Franchise Directory but has an addendum or rider, how does a lender assess its eligibility?","url":"https://dealroom.so/for-lenders/questions/if-a-franchise-agreement-is-listed-on-the-sba-franchise-directory-but-has-an-addendum-or-r"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — FDD Addendum","url":"https://dealroom.so/glossary/fdd-addendum","source_type":"DealRoom Data"}}