If Buildingstars assigns its rights and obligations, is Buildingstars relieved of those assigned obligations?

According to Buildingstars's 2025 Franchise Disclosure Document, Buildingstars is free to assign its rights and obligations under the Franchise Agreement. Upon assigning these rights and obligations, Buildingstars is relieved of the obligations that were assigned; these rights and obligations then transfer to the successor or assignee.

For a prospective franchisee, this means that the company they initially contracted with may not be the entity they deal with in the future. Buildingstars has the right to transfer the agreement to another party, and once that transfer occurs, Buildingstars is no longer responsible for fulfilling those obligations.

This is a common practice in franchising, as it allows the franchisor flexibility in structuring its business. However, it also means that the franchisee needs to be prepared to work with a potentially unknown entity if Buildingstars decides to assign the agreement. It is important to note that the new entity will assume the rights and obligations of Buildingstars under the existing agreement.