Does the Illinois addendum supersede any other term of any document executed in connection with the Best Brains franchise?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
This provision may not be enforceable under California law.
SECTION 31125 OF THE FRANCHISE INVESTMENT LAW REQUIRES US TO GIVE TO YOU A DISCLOSURE DOCUMENT APPROVED BY THE COMMISSIONER OF FINANCIAL PROTECTION AND INNOVATION BEFORE WE ASK YOU TO CONSIDER A MATERIAL MODIFICATION OF YOUR FRANCHISE AGREEMENT.
YOU MUST SIGN A RELEASE OF CLAIM IF YOU RENEW OR TRANSFER YOUR FRANCHISE. CALIFORNIA CORPORATIONS CODE §31512 VOIDS A WAIVER OF YOUR RIGHTS UNDER THE FRANCHISE INVESTMENT LAW (CALIFORNIA CODE §§31000 THROUGH
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, a specific provision within the Illinois addendum supersedes any other term of any document executed in connection with the franchise. This provision states that no statement, questionnaire, or acknowledgment signed by a franchisee regarding the commencement of the franchise relationship can waive claims under any applicable state franchise law, including fraud, or disclaim reliance on statements made by Best Brains or its representatives.
For a prospective Best Brains franchisee in Illinois, this means that certain protections are in place under Illinois law that cannot be waived through standard franchise documents. This ensures that franchisees retain their rights to pursue claims of fraud or misrepresentation, regardless of any agreements they may have signed.
This type of provision is designed to protect franchisees from unknowingly relinquishing their legal rights. It is important for potential franchisees to carefully review the Illinois addendum and understand how it affects their rights and obligations under the franchise agreement. Franchisees should consult with a legal professional to fully understand the implications of this provision.