Has the Assignor notified all lien holders and lenders of the Beehive Homes assignment?

According to the 2025 Beehive Homes Franchise Disclosure Document, the assignor confirms that all lien holders and lenders have been notified of the assignment. Specifically, the document states that the assignor has notified all of the assignor's lien holders and lenders of the assignment.

This clause protects Beehive Homes by ensuring that all parties with a financial interest in the franchise are aware of the transfer. This reduces the risk of future legal challenges or disputes related to the assignment. For a prospective franchisee (the assignee), this provides assurance that the assignment process is transparent and that the assignor has fulfilled their obligations regarding notification.

It is important for the assignee to verify this information independently during their due diligence. While the assignor makes this representation, the assignee should confirm with the lien holders and lenders directly to ensure they have indeed been notified and that they consent to the assignment. This verification is a standard practice in franchise assignments to avoid any unforeseen liabilities or complications after the transfer is complete.