How can the Security Agreement for Better Homes And Gardens Real Estate be amended?

According to Better Homes And Gardens Real Estate's 2025 Franchise Disclosure Document, Exhibit E, the Security Agreement, which is an integral part of the Franchise Agreement, can only be modified through a written agreement. This written agreement must be signed by both Better Homes and Gardens Real Estate LLC and the franchisee.

This requirement for written modification ensures that any changes to the Security Agreement are formally documented and agreed upon by both parties, preventing potential misunderstandings or disputes. It protects both the franchisor and the franchisee by providing a clear record of any amendments made to the original agreement.

For a prospective Better Homes And Gardens Real Estate franchisee, this means that any desired changes to the Security Agreement must be negotiated and formalized in writing. Verbal agreements or informal understandings will not be sufficient to alter the terms of the Security Agreement. This provision underscores the importance of careful review and documentation of all agreements with Better Homes And Gardens Real Estate.