factual

Is a parent considered an 'Immediate Family Member' in the Beehive Homes Franchise Agreement?

Beehive_Homes Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 2.9. "Immediate Family Member" means a spouse, parent or child.

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

What This Means (2025 FDD)

According to Beehive Homes' 2025 Franchise Disclosure Document, the term "Immediate Family Member" is specifically defined within the agreement. This definition is important because certain rights and obligations may extend to or be limited based on this relationship.

Specifically, the Beehive Homes franchise agreement defines "Immediate Family Member" to include a spouse, parent, or child. This means that for the purposes of the franchise agreement, a parent is considered an immediate family member.

This definition could have implications for various aspects of the franchise, such as succession planning, transfer of ownership, or involvement in the business operations. Franchisees should carefully review the entire franchise agreement to understand how this definition affects their rights and responsibilities.

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.