factual

By what date must the Lease and Collateral Lease Assignment be fully signed for an Amorino franchise?

Amorino Franchise · 2025 FDD

Answer from 2025 FDD Document

(4) The Lease and the Collateral Lease Assignment, if one is obtained, must be fully signed on or before the Site Selection Date, and you shall provide to Amorino a fully executed copy of the Lease within 10 days after its execution.

Source: Item 22 — CONTRACTS (FDD pages 80–81)

What This Means (2025 FDD)

According to Amorino's 2025 Franchise Disclosure Document, the Lease and Collateral Lease Assignment, if one is obtained, must be fully signed on or before the Site Selection Date. The franchisee must also provide Amorino with a fully executed copy of the Lease within 10 days after its execution.

This means that a prospective Amorino franchisee needs to finalize their lease agreement and collateral lease assignment by the date Amorino approves their chosen site. This Site Selection Date is a critical deadline, and failing to meet it could delay the opening of the franchise or potentially lead to a breach of the franchise agreement.

It is important for prospective franchisees to work closely with Amorino during the site selection process and to ensure that all lease-related documents are prepared and signed promptly to avoid any delays. Paying close attention to deadlines and maintaining open communication with both Amorino and the landlord is essential for a smooth and timely opening of the Amorino franchise.

Disclaimer: This information is extracted from the 2025 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.