Does the Buildingstars Franchise Agreement allow for oral amendments?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement and all other written agreements related to this Agreement and expressly referenced in this Agreement, represent the entire understanding and agreement between the parties with respect to the subject matter of this Agreement, and supersedes all other negotiations, understandings and representations (if any) made by and between the parties. No representations, inducements, promises or agreements, oral or otherwise, if any, not embodied in this Agreement shall be of any force and effect; provided, however, that nothing in this or any related agreement is intended to disclaim BUILDINGSTARS' representations made in the franchise disclosure 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, the Franchise Agreement stipulates that it, along with other written agreements expressly referenced within it, constitutes the entire understanding between the parties. This clause supersedes any prior negotiations, understandings, and representations made.
Specifically, the agreement states that no representations, inducements, promises, or agreements, whether oral or otherwise, that are not included in the written agreement will have any force or effect. However, this does not disclaim Buildingstars's representations made in the franchise disclosure document furnished to the franchisee.
Furthermore, the Buildingstars Franchise Agreement explicitly states that no amendment to the agreement is binding unless it is executed in writing by both parties. This provision ensures that all modifications to the agreement are documented and agreed upon in a verifiable manner, preventing disputes based on verbal agreements.