Are any oral agreements or representations binding on Buildingstars if they are not in the written agreement?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
The terms contained in the Franchise Agreement and this Guarantee and Assumption of Obligations constitute the entire agreement between the parties, and there are no representations, inducements, promises, or agreements, oral or otherwise, between the parties not embodied herein
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, the terms outlined in the franchise agreement and the Guarantee and Assumption of Obligations constitute the entire agreement between the involved parties. This explicitly states that any representations, inducements, promises, or agreements that are not written into these documents are not considered binding.
This provision is designed to provide clarity and certainty in the franchise relationship. By requiring all agreements to be in writing, Buildingstars and the franchisee can avoid disputes based on misunderstandings or differing recollections of verbal agreements. It also ensures that all parties are fully aware of their rights and obligations.
For a prospective Buildingstars franchisee, this means that any promises or representations made by Buildingstars representatives during the sales process that are not included in the written franchise agreement should not be relied upon. It is crucial to ensure that all important terms and conditions are documented in the agreement before signing. This protects the franchisee from potential future disputes or unmet expectations based on verbal assurances.