factual

What is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law related to an Auntie Annes franchise?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

    1. 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 106)

What This Means (2024 FDD)

According to Auntie Annes'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 means that if an Auntie Annes franchisee in Maryland believes that Auntie Annes has violated the Maryland Franchise Registration and Disclosure Law, they have a limited time to take legal action.

This three-year statute of limitations begins from the date the franchise is granted, not necessarily from when the issue occurred or was discovered. Therefore, it is crucial for franchisees to be aware of their rights and to promptly address any potential violations. Failure to bring a claim within this three-year period could result in the franchisee losing their right to sue for damages or other remedies under the Maryland Franchise Registration and Disclosure Law.

This provision is specific to Maryland due to the state's franchise laws, as highlighted in the Maryland Addendum to the Franchise Agreement. It is important for prospective Auntie Annes franchisees in Maryland to understand this limitation and seek legal advice if they believe their rights have been violated. This addendum ensures that franchisees are aware of their rights and the time frame within which they must act to protect those rights under Maryland law.

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.