factual

According to the Beehive Homes Franchise Agreement, what is the document referred to as?

Beehive_Homes Franchise · 2025 FDD

Answer from 2025 FDD Document

ER FRANCHISE AGREEMENT**

THIS GUARANTY AND ASSUMPTION OF OBLIGATIONS UNDER FRANCHISE
AGREEMENT (the "Guaranty") is given this day of, 2025, by the undersigned:
1. In consideration of, and as an inducement to, the execution of the franchise agreement
dated, 2025 (referred to in this Guaranty, together with all applicable
amendments, renewals, addenda, supplemental agreements and assignments, as the "Franchise
Agreement") by and among BEE HIVE HOMES, INC. (the "Franchisor") and the parties
identified therein as the Franchisee (the "Franchisee"), and for other good and valuable
consideration, each of the undersigned, jointly and severally, for themselves, their heirs, legal
representatives, successors and assigns (hereinafter referred to individually and collectively as
"Guarantor" whether one or more) personally, unconditionally and irrevocably guarantees to
Franchisor, and its successors and assigns, (a) the full and prompt payment of all sums owed by
Franchisee to Franchisor and its Affiliates under the Franchise Agreement and otherwise relating
to the Home, including, but not limited to, all fees and charges, interest, default interest, all other
costs and fees and attorneys' fees incurred in connection with enforcement of the Franchise
Agreement; and (b) the performance of all other obligations of Franchisee arising under the
Franchise Agreement (collectively, the "Obligations").

Source: Item 23 — RECEIPTS (FDD pages 34–123)

What This Means (2025 FDD)

According to the 2025 Beehive Homes Franchise Disclosure Document, the Guaranty and Assumption of Obligations Under Franchise Agreement is referred to as the "Guaranty". This document is signed this day of, 2025.

The Guaranty is provided by the undersigned in consideration of, and as an inducement to, the execution of the franchise agreement dated 2025. This includes all applicable amendments, renewals, addenda, supplemental agreements and assignments, as the "Franchise Agreement" by and among Bee Hive Homes, Inc. (the "Franchisor") and the parties identified therein as the Franchisee (the "Franchisee").

Each of the undersigned, jointly and severally, for themselves, their heirs, legal representatives, successors and assigns (hereinafter referred to individually and collectively as "Guarantor" whether one or more) personally, unconditionally and irrevocably guarantees to Franchisor, and its successors and assigns, (a) the full and prompt payment of all sums owed by Franchisee to Franchisor and its Affiliates under the Franchise Agreement and otherwise relating to the Home, including, but not limited to, all fees and charges, interest, default interest, all other costs and fees and attorneys' fees incurred in connection with enforcement of the Franchise Agreement; and (b) the performance of all other obligations of Franchisee arising under the Franchise Agreement (collectively, the "Obligations"). This Guaranty is primary to Guarantor and Guarantor will immediately, upon request of Franchisor, make payment in full of all amounts.

Disclaimer: This information is extracted from the 2025 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.