What is the delinquency fee for an overdue report to Amerispec Inspection Services?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
pany, in addition to the overdue amount, interest on such amount from the date it was due until paid at the rate of
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services' 2025 Franchise Disclosure Document, if a franchisee submits a report late, they will be charged a delinquency fee. Specifically, the FDD states that the delinquency fee for an overdue report is $50.00 per delinquent report.
This means that franchisees must ensure timely submission of all required reports to Amerispec Inspection Services to avoid incurring this additional cost. The fee applies to each report that is submitted past the due date.
In addition to the delinquency fee, any overdue payments are subject to interest at a rate of 1.5% per month, or the maximum rate permitted by law, whichever is less. Franchisees should, therefore, prioritize both timely report submissions and payments to remain in good standing with Amerispec Inspection Services and avoid these charges.