Within what time period preceding the application for registration does a misdemeanor conviction or nolo contendere plea become relevant for Buildingstars?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
No such party has been convicted of a felony or pleaded nolo contendere to a felony charge or, within the 10-year period immediately preceding the application for registration, has been convicted of or pleaded nolo contendere to a misdemeanor charge or has been the subject of a civil action alleging: violation of a franchise, antifraud, or securities law; fraud; embezzlement; fraudulent conversion or misappropriation of property; or unfair or deceptive practices or comparable allegations.
Source: Item 23 — RECEIPT (FDD pages 43–217)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, a misdemeanor conviction or a nolo contendere plea is relevant if it occurred within the 10-year period immediately preceding the application for registration.
Specifically, Buildingstars is concerned with instances where the franchisor, its predecessor, individuals identified in Item 2, or an affiliate offering franchises under the Buildingstars trademark, has been convicted of a misdemeanor or pleaded nolo contendere to a misdemeanor charge within this 10-year timeframe. This also extends to civil actions alleging violations of franchise, antifraud, or securities laws; fraud; embezzlement; fraudulent conversion or misappropriation of property; or unfair or deceptive practices or comparable allegations.
For a prospective Buildingstars franchisee, this means that Buildingstars conducts a background check that considers such convictions or pleas within the specified period. Any such history could potentially affect the application. It is important to note that this disclosure requirement aims to ensure transparency and protect potential franchisees from entering into a franchise agreement with a company or individuals with a recent history of legal or ethical violations.