What section of the Budget manual covers Abandonment of Property for Budget franchisees?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
During the term of this Agreement, Budget will grant Licensee access to the Manual. For purposes of this Agreement, "Manual" means manuals or policies and procedures, Standards, specifications and requirements relating to the Rental Business, as Budget specifies. The Manual may be revised,
changed, modified or supplemented by Budget at any time. Modifications in the Manual will become effective thirty (30) days after written notice thereof to Licensee, unless a longer period is specified in such written notice. The Manual also includes training manuals, development manuals and other business manuals as may be prepared for use by Budget licensees. The Manual may be in printed and/or electronic format and may include audiotapes, videotapes, information available on an Internet site or other electronic media. It may also consist of several component parts and materials Budget may issue, including bulletins, handbooks, newsletters, computer-based and computer-transmitted information. The Manual is confidential and will remain Budget's exclusive property and may not be duplicated, shared or re-distributed. The Manual will be an integral part of this Agreement and references made in this Agreement or in any amendments, exhibits or schedules hereto to the Manual will be deemed to mean the Manual as current. In the event of a dispute relative to the contents of the Manual, the master copies maintained by Budget at its principal office will be controlling.
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Budget franchisees are granted access to the Budget Manual during the term of their agreement. The manual encompasses policies, procedures, standards, specifications, and requirements related to the rental business, as specified by Budget. Budget retains the right to revise, change, modify, or supplement the manual at any time, with modifications becoming effective 30 days after written notice to the franchisee, unless a longer period is specified. The manual may include training manuals, development manuals, and other business manuals, available in printed or electronic format, including audiotapes, videotapes, and online information.
The Budget manual is deemed confidential and remains Budget's exclusive property, prohibiting duplication, sharing, or redistribution. It is an integral part of the franchise agreement, with references to the manual in the agreement or its amendments referring to the manual as currently updated. In case of disputes regarding the manual's contents, the master copies maintained by Budget at its principal office will be controlling.
However, the excerpts from the FDD do not specify a particular section or policy within the Budget manual that explicitly addresses the "Abandonment of Property." Therefore, it is recommended that prospective Budget franchisees directly inquire with the franchisor about the specific policies and procedures concerning the abandonment of property, to fully understand their obligations and the franchisor's expectations in such situations.