How must amendments to the Buildingstars Franchise Agreement be executed to be binding?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
No amendment to this Agreement is binding unless executed in writing by both parties.
Source: Item 23 — RECEIPT (FDD pages 43–217)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, any amendment to the Franchise Agreement must be executed in writing by both parties to be considered binding. This requirement ensures that all changes to the original agreement are formally documented and agreed upon by both Buildingstars and the franchisee, preventing misunderstandings or disputes based on verbal agreements or informal communications.
This provision is a standard practice in franchising, as it provides a clear and enforceable record of any modifications to the original contract. Franchisees should be aware that any promises or representations made by Buildingstars that are not included in the written agreement, including amendments, may not be legally binding. Therefore, it is crucial for franchisees to ensure that all agreed-upon changes are documented in writing and signed by both parties.
This requirement protects both the franchisee and Buildingstars by providing a clear and unambiguous record of any changes to the franchise agreement. Franchisees should carefully review any proposed amendments and seek legal counsel if necessary to ensure they understand the implications of the changes before signing.