Does Buildingstars have to provide a cure period if the franchisee abandons the franchise?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
Notwithstanding anything contained herein to the contrary, if state law permits, BUILDINGSTARS shall be permitted to terminate the franchise immediately upon notice when the basis or grounds for cancellation is: (a) FRANCHISEE or its owners are convicted of a felony or any other criminal misconduct which materially and adversely affects the operation, maintenance, reputation, or goodwill of the franchise; (b) fraudulent activity which materially and adversely affects the operation, maintenance, reputation, or goodwill of the franchise; (c) abandonment of the franchise; (d) bankruptcy or insolvency of the FRANCHISEE; (e) the giving of more than two (2) no account or insufficient funds checks within a twelve-month period; or (f) any other act or omission which permits termination without notice and/or an opportunity to cure under applicable state law.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to the 2025 Buildingstars Franchise Disclosure Document, Buildingstars is not required to provide a cure period if a franchisee abandons the franchise. Buildingstars can terminate the franchise agreement immediately upon notice if permitted by state law.
This means that if a Buildingstars franchisee abandons their franchise, Buildingstars has the right to terminate the agreement without giving the franchisee an opportunity to remedy the situation, provided that such immediate termination is allowed under the applicable state law. Abandonment of the franchise is listed alongside other serious grounds for immediate termination, such as a felony conviction or fraudulent activity.
It is important for a prospective Buildingstars franchisee to understand the conditions under which Buildingstars can terminate the agreement without an opportunity to cure, as these situations can lead to immediate loss of the franchise. Franchisees should be aware of their obligations and responsibilities under the agreement to avoid such a situation. Franchisees should consult with a legal professional to understand their rights and obligations under the franchise agreement and applicable state laws.