Under what conditions may Apricot Lane's franchisor's approval of a lease be granted?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
tions of any landlord, leasing specialist or anyone directly involved in lease negotiations. Initial_______
C. FRANCHISOR Required Lease Clauses
FRANCHISEE shall submit the proposed lease for the approved location (if the Premises are to be leased) or a binding agreement to purchase the site, for approval by FRANCHISOR prior to execution of the lease by FRANCHISEE. FRANCHISOR's approval of the lease may be conditioned upon inclusion in the lease of terms acceptable to FRANCHISOR and, at FRANCHISOR's option, the Lessor of the Premises and FRANCHISEE duly executing and delivering to FRANCHISOR the Addendum to Lease attached hereto as Exhibit E. At FRANCHISOR's option, FRANCHISEE will duly execute and deliver to FRANCHISOR the Collateral Assignment of Lease attached hereto as Exhibit G.
D. FRANCHISEE's Lease Negotiation Responsibility
It is understood by FRANCHISEE that:
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- FRANCHISEE is responsible for negotiating the lease, and the terms of the lease, except those provisions required to be included by this Agreement, shall be as determined by the FRANCHISEE and the lessor. The FRANCHISOR has no obligation to assist FRANCHISEE in negotiating the terms of the lease;
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Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, the franchisor's approval of a lease for an approved location is required before the franchisee executes the lease. Apricot Lane may condition its approval on specific terms being included in the lease that are acceptable to them.
Additionally, Apricot Lane has the option to require that both the lessor and the franchisee execute and deliver an Addendum to Lease, as detailed in Exhibit E of the FDD. Apricot Lane also has the option to have the franchisee execute and deliver a Collateral Assignment of Lease, as outlined in Exhibit G.
It is the franchisee's responsibility to provide Apricot Lane with copies of all communications between the franchisee, the landlord, and any leasing specialists involved. However, Apricot Lane is not liable for any agreements, representations, or warranties made between the franchisee, landlord, or leasing specialist, nor is Apricot Lane obligated for any damages arising from the actions of the landlord or leasing specialist.