Under what circumstances does the Virginia Addendum to the Franchise Agreement apply to a Basecamp Fitness franchise?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
This Virginia Addendum is only applicable if you are a resident of Virginia or if your business will be located in Virginia.
- No statement, questionnaire, or acknowledgment signed or agreed to by Franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by the Franchisor, franchise seller, or other person acting on behalf of the Franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the Virginia Addendum to the Franchise Agreement applies specifically to Basecamp Fitness franchises sold to residents of Virginia or if the business will be located in Virginia. The addendum modifies the standard franchise agreement to account for specific legal considerations within the state.
This means that if a prospective franchisee is a resident of Virginia, the Virginia Addendum will be integrated into their franchise agreement. Similarly, if the franchisee, regardless of their residency, intends to operate their Basecamp Fitness business within the state of Virginia, the addendum will also apply.
The Virginia Addendum includes a provision that protects franchisees by ensuring that no statement, questionnaire, or acknowledgment signed by the franchisee can waive claims under applicable state franchise law, including claims of fraud in the inducement. It also prevents franchisees from disclaiming reliance on statements made by Basecamp Fitness or its representatives. This provision overrides any conflicting terms in other documents related to the franchise agreement, offering additional legal protection to franchisees in Virginia.