What documents related to the Facility might Baymont Inn Suites request from the franchisee?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.2.5 Upon our reasonable request, you will provide us with then-current copies of the documents evidencing your ownership of, or right to possess, the Facility and/or the real property upon which the Facility is located, and a complete and accurate list of all of your owners and their Equity Interests.
Source: Item 23 — RECEIPTS (FDD pages 97–443)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, upon reasonable request, franchisees must provide current copies of documents that evidence their ownership of, or right to possess, the Facility and/or the real property where the Facility is located. Additionally, Baymont Inn Suites requires a complete and accurate list of all of the franchisee's owners and their Equity Interests. This information allows Baymont Inn Suites to verify the franchisee's legal right to operate the Baymont Inn Suites location and to understand the ownership structure of the franchise.
This requirement is fairly standard in the franchise industry, as franchisors need to ensure that their franchisees have the legal authority to operate the business at the specified location. It also allows Baymont Inn Suites to keep accurate records of who owns and controls each franchise, which is important for compliance and regulatory purposes.
Prospective franchisees should be prepared to provide these documents to Baymont Inn Suites and to update them as necessary throughout the term of the franchise agreement. Failure to do so could potentially result in a breach of the agreement.