Does the franchisee for Beehive Homes irrevocably appoint the franchisor as its attorney-in-fact?

According to Beehive Homes' 2025 Franchise Disclosure Document, in certain situations, a franchisee does irrevocably appoint the franchisor, Beehive Homes, as its attorney-in-fact. Specifically, if a franchisee fails to take necessary steps to disassociate from the franchisor after termination or expiration of the franchise agreement, Beehive Homes is authorized to act on behalf of the franchisee to complete these steps. These steps include removing signs, destroying letterhead, disconnecting telephone numbers, and amending business name registrations.

Additionally, Beehive Homes can act as the franchisee's attorney-in-fact to file security agreements and record notices of interest related to the Personal Property or Real Property (the Home). This allows Beehive Homes to protect its rights under the Franchise Agreement by securing its interest in the franchisee's assets.

This appointment as attorney-in-fact provides Beehive Homes with the legal authority to ensure compliance with post-termination obligations and to protect its security interests. For a prospective franchisee, this means that upon termination or expiration of the franchise agreement, they must promptly take the required steps to disassociate from the Beehive Homes brand. Failure to do so allows Beehive Homes to act on their behalf. Furthermore, franchisees should understand that Beehive Homes has the power to secure its interests in the franchise's assets, which could have implications in the event of default or termination.