factual

Does the Aira Fitness franchisee waive any other rights conferred by statute or otherwise?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

You, each Owner and each guarantor must execute all transfer documents that we require and in the form we designate, which documents will include a general release

of all claims arising out of or relating to this Agreement, your Aira Fitness Business or the parties' business relationship; provided, however, that the release will not be inconsistent with any state law regulating franchising.

Source: Item 23 — **RECEIPTS (FDD pages 59–254)

What This Means (2025 FDD)

According to the 2025 Aira Fitness Franchise Disclosure Document, a franchisee, each Owner, and each guarantor must execute all transfer documents required by Aira Fitness in the designated form. These documents include a general release of all claims arising out of or relating to the Franchise Agreement, the Aira Fitness Business, or the parties' business relationship. However, this release will not be inconsistent with any state law regulating franchising.

This means that when transferring ownership of the franchise, the franchisee is required to sign a release that gives up any claims against Aira Fitness, its owners, and related parties. This is a standard practice in franchising to ensure a clean break between the transferring franchisee and the franchisor. The release covers any disputes or issues that may have arisen during the term of the franchise agreement.

However, the FDD explicitly states that the release will not override any state laws regulating franchising. This provision protects the franchisee by ensuring that they do not waive any rights that are legally protected under state franchise laws. Prospective franchisees should carefully review the transfer documents and consult with an attorney to understand the full scope of the release and its implications for their specific situation. This ensures that they are aware of their rights and obligations when transferring the franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.