exception

For claims arising under the Maryland Franchise Registration and Disclosure Law, what is the deadline for bringing such claims against Aplus, as an exception to Section 14.6?

Aplus Franchise · 2024 FDD

Answer from 2024 FDD Document

Any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise.

Source: Item 22 — CONTRACTS (FDD page 68)

What This Means (2024 FDD)

According to Aplus's 2024 Franchise Disclosure Document, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the grant of the franchise. This modifies Section 14.6 of the franchise agreement, setting a specific statute of limitations for claims under Maryland law. This provision is also reiterated in the state-specific addendum for Maryland.

This means that if an Aplus franchisee in Maryland believes they have a claim under the Maryland Franchise Registration and Disclosure Law, they must initiate legal action within three years from the date they were granted the franchise. Failure to do so could result in the claim being time-barred, meaning the franchisee would lose their right to sue.

It is important for prospective Aplus franchisees in Maryland to understand this specific statute of limitations, as it could be different from the general statute of limitations for other types of claims. Franchisees should consult with an attorney to ensure they are aware of their rights and obligations under Maryland law and to determine the appropriate course of action if they believe they have a claim against Aplus.

Disclaimer: This information is extracted from the 2024 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.