Does the Buildingstars agreement require that amendments be executed by both parties?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
document that was furnished to FRANCHISEE in connection with the offering to operate the Business. No amendment to this Agreement is binding unless executed in writing by both parties.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, any amendments to the franchise agreement must be in writing and executed by both Buildingstars and the franchisee. This requirement ensures that both parties are in agreement with any changes made to the original contract, providing a layer of protection and clarity for both sides.
This stipulation is fairly standard in franchising, as it prevents unilateral changes to the agreement and ensures that all modifications are mutually agreed upon. It protects the franchisee from unexpected or unfavorable changes imposed by Buildingstars, and it protects Buildingstars by ensuring the franchisee is aware of and agrees to any modifications.
For a prospective Buildingstars franchisee, this means that any changes to the franchise agreement will require their explicit consent and signature. It is crucial to carefully review any proposed amendments before signing to fully understand their implications. This clause provides a degree of security, knowing that the original terms of the agreement cannot be altered without their knowledge and agreement.