Does the General Release for Amerispec Inspection Services cover claims arising before the date of the release?

According to the 2025 FDD, the General Release for Amerispec Inspection Services does cover claims arising before the date of the release. The document states that Franchisee, Transferee, and Owners are releasing claims on behalf of themselves and their related entities and individuals. This release covers all claims, demands, and causes of action, whether known or unknown, suspected or unsuspected, that the Releasors ever had or may have against the Released Parties.

Specifically, the release extends to claims that Releasors do not know about, or suspect to exist, at the time of signing the release, which, if known, would have materially affected their settlement. This includes a waiver of rights under California Civil Code Section 1542, which addresses the release of unknown claims. However, this broad release does not apply to claims arising under the Washington Franchise Protection Act.

For a prospective Amerispec Inspection Services franchisee, this means that upon renewal, sale, assignment, or transfer of the franchise, they will be required to sign a general release that covers a broad range of potential claims, including those that are currently unknown. It is important for franchisees to understand the full scope of this release and to consult with legal counsel to assess any potential liabilities before signing. Franchisees in Washington should note the exception for claims under the Washington Franchise Protection Act, while those in Maryland should be aware that the release does not apply to liabilities under the Maryland Franchise Registration and Disclosure Law.