What franchise contracts and agreements are included in the Beehive Homes Franchise Disclosure Document?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
ITEM 22. CONTRACTS
The following franchise contracts and agreements are proposed for use in connection with this franchise and are attached to and made a part of this Franchise Disclosure Document:
Exhibit D - Bee Hive Homes Franchise Agreement
Exhibit E - Guaranty and Assumption of Obligations Under Franchise Agreement
Exhibit F - Assignment to Entity
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, Item 22 lists the franchise contracts and agreements proposed for use in connection with the franchise. These contracts and agreements are attached to and made a part of the Franchise Disclosure Document.
The specific agreements include the Bee Hive Homes Franchise Agreement, which outlines the terms and conditions of the franchise relationship. There is also a Guaranty and Assumption of Obligations Under Franchise Agreement, which likely involves a personal guarantee from the franchisee or another party to ensure the obligations under the Franchise Agreement are met. Finally, there is an Assignment to Entity agreement, which would be used if the franchisee intends to assign their rights and obligations to a business entity.
Prospective franchisees should carefully review each of these agreements with legal counsel to fully understand their rights and obligations before investing in a Beehive Homes franchise. Understanding these contracts is crucial, as they govern the relationship between the franchisee and Beehive Homes.