How can a party change the address to which notices are sent under the Beehive Homes franchise agreement?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
If to Guarantor: To the address of Franchisee set forth in the Franchise Agreement.
If Guarantor wants to change the notice address set forth above, Guarantor shall notify Franchisor in writing in accordance with the delivery procedure set forth in this Subsection 7(d). A Notice will be deemed effective on the earlier of: (i) receipt or first refusal of delivery; (ii) one (1) day after posting if sent by overnight commercial delivery service or overnight United States Mail; or (iii) three (3) days after placement in the United States Mail if overnight delivery is not available to the Notice address.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the procedure for changing the notice address applies specifically to the Guarantor. If the Guarantor wishes to change their notice address, they must provide written notification to Beehive Homes following the delivery procedure outlined in Subsection 7(d) of the franchise agreement.
The notice will be considered effective upon the earliest of these conditions: either when it is actually received or delivery is refused, one day after it's sent via overnight commercial delivery service or overnight United States Mail, or three days after being placed in the United States Mail if overnight delivery isn't an option for the given address.
This ensures that Beehive Homes and the Guarantor have a clear and documented method for updating contact information, which is crucial for legal and contractual communications. It is important for prospective franchisees acting as Guarantors to understand this process to ensure they receive all important notices from Beehive Homes.