What must an Amerispec Inspection Services franchisee do to have pre-termination actions taken by the company reversed, and how is this acknowledgement documented?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
- 18.2 Non-Waiver of Claims. The Company's actions as outlined in this Paragraph 18 may continue until the Franchisee has brought its accounts current, cured any default, and complied with the Company's requirements, and the Company has acknowledged the same in writing. The taking of any of the actions permitted in this Paragraph 18 shall not suspend or release the Franchisee from any obligation that would otherwise be owed to the Company or its affiliates under the terms of this Agreement or otherwise.
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, if the company takes pre-termination actions against a franchisee, such as ceasing to provide AmeriSpec Reports, suspending services, modifying the territory, or removing access to the System of Operation, the franchisee must take specific steps to reverse these actions. To have these actions reversed, the franchisee must bring their accounts current, cure any default, and comply with Amerispec Inspection Services's requirements.
Once the franchisee has met these conditions, Amerispec Inspection Services must acknowledge in writing that the franchisee has brought its accounts current, cured any default, and complied with the company's requirements. This written acknowledgement from Amerispec Inspection Services is the documented confirmation that the pre-termination actions have been reversed and that the franchisee is back in good standing.
It is important to note that even while these pre-termination actions are in effect, the franchisee remains obligated to fulfill all other duties and responsibilities under the franchise agreement. The actions taken by Amerispec Inspection Services do not release the franchisee from their ongoing obligations.