What sections of the Bft Franchise Agreement does Section 2 of this Rider add to?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2. | and 14.2 | | Releases. The following is added to the end of Sections 3.2.C (Successor Franchise) | | (Conditions for Approval of Transfer) | | of the Franchise Agreement: | | Pursuant to COMAR 02.02.08.16L, any release required as a condition of renewal and/or | | assignment/transfer will not apply to claims arising under the Maryland Franchise | | Registration and Disclosure Law.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to the 2025 FDD, Section 2 of the Rider adds to specific sections of the Bft Franchise Agreement. For franchisees in Maryland, Section 2 of the Rider adds to the end of Sections 3.2.C (Successor Franchise) and 14.2 (Conditions for Approval of Transfer) of the Franchise Agreement. This addition stipulates that any release required as a condition of renewal and/or assignment/transfer will not apply to claims arising under the Maryland Franchise Registration and Disclosure Law, as per COMAR 02.02.08.16L.
For franchisees in Rhode Island, Section 2 of the Rider adds to Section 16.1 (Governing Law) of the Franchise Agreement. The addition specifies that, as required by applicable law, Rhode Island law will apply to claims arising under the Rhode Island Franchise Investment Act, referencing Section 19-28.1-14 of the Act.
For franchisees in New York, Section 2 of the Rider adds to the end of Sections 3.2.C (Successor Franchise) and 14.2 of the Franchise Agreement.