Is the Virginia Law Modification considered part of the 360 Painting Franchise Agreement?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| The 360 Painting, LLC Franchise Agreement between | |
|---|---|
| ("Franchisee" or "you") and 360 Painting, LLC ("Franchisor"), dated (the "Franchise Agreement") shall be amended by the addition of the following language, which should be | |
| considered an integral part of the Franchise Agreement (the "Amendment"). |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 42–46)
What This Means (2025 FDD)
According to the 2025 FDD, the Virginia Law Modification is considered an integral part of the 360 Painting Franchise Agreement. The document states that the Franchise Agreement shall be amended by the addition of specific language, and this addition should be considered an integral part of the Franchise Agreement, referred to as the "Amendment".
Specifically, the Virginia Law Modification addresses the requirements of the Virginia Retail Franchising Act. It includes stipulations regarding the deferral of initial franchise fees and other initial payments until 360 Painting has completed its pre-opening obligations. This modification ensures that the franchise agreement complies with Virginia state regulations.
Furthermore, the amendment clarifies that its provisions are effective only to the extent that they meet the jurisdictional requirements of the Virginia Retail Franchising Act independently. Except as explicitly provided in the amendment, all other terms and agreements within the original Franchise Agreement remain in full effect. However, if any inconsistencies arise between the amendment and the original agreement, the terms of the amendment will take precedence, ensuring compliance with Virginia law.