On what page does Amerispec Inspection Services discuss termination?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
18. PRE-TERMINATION OPTIONS OF THE COMPANY
- 18.1 Company's Pre-Termination Rights. Prior to the termination of this Agreement, if the Franchisee fails to pay any amounts owed to the Company or its affiliates, or fails to comply with any term of this Agreement, then in addition to any right the Company may have to terminate this Agreement or to bring a claim for damages, the Company shall also have the option:
- 18.1.1 To cease providing AmeriSpec® Reports to the Franchisee;
- 18.1.2 To suspend all services provided to the Franchisee under this Agreement or otherwise, including but not limited to training, marketing assistance and the sale of marketing materials and other products and supplies;
- 18.1.3 Reduce and/or modify the size of Franchisee's Designated Territory or eliminate the "protected" status of the Designated Territory. If Franchisee fails to meet any of the requirements stated
in Paragraph 3.1.1 and Paragraph 3.1.2, Company may reduce and/or modify the size of Franchisee's Designated Territory or eliminate the "protected" status of the Designated Territory; and
- 18.1.4 To remove access to the System of Operation licensed by the Company.
- 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.
19. TERMINATION
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, the topic of termination is discussed starting on page 72. Specifically, pre-termination options available to Amerispec Inspection Services are outlined beginning on page 72. Paragraph 18.1 details the company's rights prior to termination if a franchisee fails to pay amounts owed or comply with the agreement. These rights include ceasing to provide AmeriSpec Reports, suspending services, modifying the franchisee's territory, or removing access to the System of Operation.
Following the discussion of pre-termination options, the document transitions to the topic of termination itself. The document states that section 19 discusses termination.
Additionally, page 73 continues the discussion of termination, including the franchisee's responsibilities upon termination or expiration of the franchise agreement. These responsibilities include returning manuals and software, paying unpaid amounts, canceling assumed names and telephone numbers, and removing the Amerispec Inspection Services name from the premises.