According to the Best Western FDD, what constitutes a 'Transfer' by a member?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| PROVISION | SECTION IN REGULATORY DOCUMENT | SUMMARY |
|---|---|---|
| k. "Transfer" by Member – defined | Bylaws Article II, Section 4, Section 7(B) and Section 7(C) | Transfer of Membership to a Designated Property (defined in Item 12), and transfer of Membership associated with a sale of the Property. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 88–92)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, a 'Transfer' by a member involves two scenarios. The first is the transfer of membership to a Designated Property, which Item 12 of the FDD defines. The second is the transfer of membership associated with the sale of the property. These definitions are found in Bylaws Article II, Section 4, Section 7(B) and Section 7(C).
For a prospective Best Western franchisee, understanding what constitutes a transfer is crucial because it dictates the conditions under which they can move their membership to a new location or sell their existing property with the Best Western affiliation. The FDD specifies the sections of the Bylaws that govern these transfers, so franchisees should carefully review those sections to understand their rights and obligations.
It is important to note that the summary provided in Item 17 is a high-level overview. Franchisees should consult the full text of the Bylaws and Articles referenced to fully understand the requirements and procedures for transferring a Best Western membership. This includes understanding the criteria for a 'Designated Property' and the specific steps involved in transferring membership during a property sale.