factual

As per the Best Western agreement, what is the liability of the Voting Member to Best Western?

Best_Western Franchise · 2025 FDD

Answer from 2025 FDD Document

By executing this Agreement, Voting Member hereby acknowledges, consents, and accepts all responsibility associated with such appointment, including, without limitation and for the avoidance of doubt, personal liability to answer for the debts, liabilities, and obligations associated with the Membership, Member, and the Property. Voting Member agrees that it, he or she is to be jointly and severally liable to Best Western. Accordingly, Voting Member must personally execute this Agreement below and complete the form attached hereto and incorporated herein as Addendum A, entitled "Voting Member Information."

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

What This Means (2025 FDD)

According to Best Western's 2025 Franchise Disclosure Document, the Voting Member takes on significant personal liability to Best Western. By signing the agreement, the Voting Member acknowledges and accepts responsibility for all debts, liabilities, and obligations associated with the membership, the member, and the property. This means the Voting Member can be held personally liable for these obligations.

The agreement specifies that the Voting Member is jointly and severally liable to Best Western. This legal term means that Best Western can pursue the Voting Member for the full amount of any debt or obligation, regardless of whether other parties are also liable. Best Western can choose to collect from any or all liable parties until the debt is fully satisfied.

To formalize this liability, the Voting Member must personally execute the agreement and complete an additional form (Addendum A) providing their information. This addendum reinforces the Voting Member's role and acceptance of the associated liabilities. This arrangement is designed to ensure that Best Western has recourse to an individual who is accountable for the financial and contractual obligations of the member property.

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.