What is the deadline for a Buildingstars franchisee to bring claims against Buildingstars related to the franchise agreement?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
- D. FRANCHISEE WILL BE BARRED FROM BRINGING ANY AND ALL CLAIMS ARISING OUT OF OR RELATING TO THIS AGREEMENT OR BUILDINGSTARS' RELATIONSHIP WITH FRANCHISEE, UNLESS A JUDICIAL OR ARBITRATION PROCEEDING IS COMMENCED WITHIN ONE (1) YEAR FROM THE DATE ON WHICH FRANCHISEE KNEW OR SHOULD HAVE KNOWN OF THE FACTS GIVING RISE TO THAT CLAIM.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, a franchisee is barred from bringing any claims against Buildingstars that arise from the franchise agreement or the relationship with Buildingstars if a judicial or arbitration proceeding is not commenced within one year. This one-year period begins from the date the franchisee knew or should have known about the facts that led to the claim.
This means that a Buildingstars franchisee must act quickly if they believe they have a legal claim against the franchisor. They have a limited window of time to start either a lawsuit or an arbitration case. Missing this deadline could mean the franchisee loses their right to pursue the claim, regardless of its merits.
It is important for prospective Buildingstars franchisees to understand this limitation period and to consult with an attorney promptly if they believe they have a claim. This is a stricter timeline than the standard statutes of limitations for contract claims, which can range from two to six years depending on the jurisdiction. Franchisees should keep detailed records and seek legal advice as soon as they suspect any issues to ensure they do not forfeit their legal rights.