What is the scope of relief and remedies available to Beehive Homes if the Assignment is breached?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
eement and this Assignment.
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- If Assignor, Assignee, or any [Shareholder/Partner/Member] breaches any of the conditions, representations, agreements, or warranties contained in this Assignment, Bee Hive Homes will be entitled to all relief and remedies available by law, and to all relief and remedies granted to Bee Hive Homes by the Franchise.
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- Assignor has notified all of Assignor's lien holders and lenders of this Assignment.
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- All terms and conditions of the Franchise Agreement remain in full force and effect except as modified by this Assignment including, but not limited to, the terms and conditions of Paragraph 13.3(c) of the Franchise Agreement in the event of the death of Assignor.
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Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, if the Assignor, Assignee, or any related party breaches any condition, representation, agreement, or warranty within the Assignment, Beehive Homes is entitled to all relief and remedies available by law. This also includes all relief and remedies granted to Beehive Homes by the Franchise Agreement itself.
This means that Beehive Homes has a broad range of options to pursue in case of a breach, encompassing both legal avenues and the specific rights outlined in the Franchise Agreement. For a prospective franchisee, this highlights the importance of understanding all aspects of the Assignment and Franchise Agreement, as breaches can lead to significant repercussions.
The FDD also states that a breach of the covenant relating to the maintenance and protection of the Beehive Homes System is a material breach of the Franchise Agreement. This entitles Beehive Homes to enforce all remedies available, including termination of the franchise. This underscores the critical importance of adhering to the standards and procedures of the Beehive Homes system.