factual

For All States M.E.D., what is the franchisee agreeing to regarding representations requiring prospective franchisees to assent to a release, estoppel or waiver of any liability?

All_States_M_E_D Franchise · 2024 FDD

Answer from 2024 FDD Document

All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.

Source: Item 23 — RECEIPTS (FDD pages 44–174)

What This Means (2024 FDD)

According to the 2024 All States M.E.D. Franchise Disclosure Document, franchisees in Maryland are protected by a specific addendum regarding liability waivers. This addendum clarifies that any representations requiring prospective franchisees to agree to a release, estoppel, or waiver of liability will not act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law. This means that while the franchise agreement may contain language that appears to limit the franchisee's ability to make claims against All States M.E.D., these limitations are not enforceable under Maryland franchise law.

This protection is significant for prospective All States M.E.D. franchisees in Maryland. It ensures that they retain their rights under Maryland franchise law, regardless of any potentially conflicting language in the franchise agreement. This addendum aims to prevent All States M.E.D. from using broad release clauses to shield itself from liability for violations of Maryland franchise law.

It is important for prospective franchisees to understand that this addendum specifically applies to Maryland law. Franchisees in other states may not have the same protections. Therefore, it is crucial for all prospective franchisees to carefully review the franchise agreement and any state-specific addenda with legal counsel to fully understand their rights and obligations.

Disclaimer: This information is extracted from the 2024 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.