Under the Buildingstars financing offer, what section in the Franchise Agreement addresses dispute resolution?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
der the circumstances explained in Item 5, or Account Sales Fees.
SUMMARY OF FINANCING OFFERED
| | Obligation | Section in Franchise Agreements | Disclosure
Source: Item 10 — FINANCING (FDD page 20)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, Section XV of the Franchise Agreement addresses dispute resolution in relation to the financing offer. This information is also referenced in Item 17 of the disclosure document.
This means that if a Buildingstars franchisee has a dispute related to the financing provided by Buildingstars, they should refer to Section XV of their Franchise Agreement for details on how such disputes are to be resolved. Item 17 likely provides further context or details regarding dispute resolution, so franchisees should review that section as well.
It is important for prospective Buildingstars franchisees to carefully review Section XV and Item 17 to understand the process for resolving disputes, including any mediation or arbitration requirements, applicable governing law, and any limitations on legal remedies. Understanding these provisions is crucial before entering into a franchise agreement with Buildingstars.