For Basecamp Fitness franchises in Maryland, what disclaimer is included in the revised Exhibit K (Franchisee Questionnaire)?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
- Exhibit K (Franchisee Questionnaire) to the Franchise Disclosure Document is revised to include the following language:
All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 51–55)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, Exhibit K (Franchisee Questionnaire) is revised for Maryland franchises to include a specific disclaimer. This disclaimer clarifies that any statements within the questionnaire requiring prospective franchisees to agree to a release, estoppel, or waiver of liability are not intended to, and will not, act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.
This revision is significant for prospective Basecamp Fitness franchisees in Maryland because it protects their rights under Maryland franchise law. It ensures that by completing the Franchisee Questionnaire, franchisees are not inadvertently waiving their legal rights or claims related to the franchise agreement. This protection is particularly important in the context of franchise agreements, which can be complex and may contain provisions that could potentially limit a franchisee's legal recourse.
The inclusion of this disclaimer reflects Maryland's specific franchise regulations, which aim to protect franchisees from unfair or deceptive practices. By explicitly stating that the questionnaire does not waive any liabilities under Maryland law, Basecamp Fitness is complying with these regulations and ensuring transparency in its franchise operations within the state. This measure helps to create a more equitable relationship between the franchisor and franchisee, providing franchisees with the assurance that their rights are safeguarded.
Prospective Basecamp Fitness franchisees in Maryland should carefully review Exhibit K and understand the implications of this disclaimer. It is advisable to consult with a legal professional to fully comprehend their rights and obligations under the franchise agreement and Maryland law. This proactive approach can help franchisees make informed decisions and protect their interests throughout the franchise relationship.