Who must execute the general release for an All County franchise transfer?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
- 20.4.6. General Release. You (and your transferring owners) have executed a general release, in form satisfactory to us, of any and all claims against us and our shareholders, officers, directors, employees and agents.
Any general release required in the Franchise Agreement as a condition of renewal, sale, and/or assignment or transfer shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, in the event of a franchise transfer, both the franchisee and their transferring owners are required to execute a general release. This release must be in a form that is satisfactory to All County. The release covers any and all claims against All County, including its shareholders, officers, directors, employees, and agents.
This requirement means that if you decide to sell your All County franchise, you and anyone who has an ownership stake in your franchise business will need to sign a document releasing All County from any potential legal claims. This is a standard practice in franchising to protect the franchisor from future liabilities related to the transferred business.
However, the FDD stipulates that any general release required as a condition of the transfer does not apply to any liability under the Maryland Franchise Registration and Disclosure Law. This provides a specific carve-out, ensuring that franchisees retain their rights under Maryland franchise law, regardless of the general release.