factual

For Best Western membership transfers exempt from transfer limitations, what is the deadline for the transferee to complete required forms and pay outstanding dues, fees, assessments, rentals, and charges owed by the transferor?

Best_Western Franchise · 2025 FDD

Answer from 2025 FDD Document

not occur. The Board in its sole discretion may request the Member appear in person and provide oral testimony. The Board shall have sole discretion to determine whether an event of automatic termination will or has occurred.

For the events specified in Paragraphs (A)(7) and (A)(9) of this Article II, Section 7, the termination shall occur immediately, without notice or an opportunity to be heard. For the event specified in Paragraph (A)(8) of this Article II, Section 7, the termination shall occur automatically, without further notice or an opportunity to be heard unless the proof of insurance has been provided within 15 days after notice.

  • (B) The transactions listed below in this Article II, Section 7(B) are exempt from all provisions of these Bylaws which would otherwise limit transfer of Membership if all the conditions of this Section 7(B) are met. The transferee, within 30 days following the effective date of the change in equitable ownership or lessee interest, must complete and sign all forms then required by the Corporation, and pay to the Corporation all unpaid dues, fees, assessments, rentals and charges owed to the Corporation by the transferor which are not then paid by the transferor; and within such 30 days, or under such more liberal schedules as may be set by the Board, bring the Property to a condition which meets all Best Western standards, policies and requirements which would have been applicable to the transferor. The Board may establish reasonable fees to cover the Corporation's reasonable costs of a transfer of Membership.

Source: Item 23 — Receipts (FDD pages 108–413)

What This Means (2025 FDD)

According to Best Western's 2025 Franchise Disclosure Document, certain membership transfers are exempt from limitations if specific conditions are met. For these exempt transfers, the transferee has a limited time frame to fulfill certain obligations.

Specifically, the transferee must complete and sign all required forms and pay all outstanding dues, fees, assessments, rentals, and charges owed by the transferor to Best Western. This must be done within 30 days following the effective date of the change in equitable ownership or lessee interest. The transferor is responsible for paying all sums due to the corporation until 30 days after the member services department is notified of the transfer.

It's important to note that the Best Western Board has the authority to set more lenient schedules for these requirements. Additionally, the Board may establish reasonable fees to cover the corporation's costs associated with the membership transfer. A prospective franchisee should confirm these costs with Best Western.

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.