Does the release provided to Bumper Man bind the heirs of the franchisee?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- **6.
Successors and Assigns.** This Release will inure to the benefit of and bind the successor, assigns, heirs and personal representatives of Franchisor and each Releasor.
Source: Item 22 — CONTRACTS (FDD page 45)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the General Release provided by the franchisee does indeed bind the heirs of the franchisee.
Specifically, the Release will benefit and legally obligate the successors, assigns, heirs, and personal representatives of both Bumper Man and the franchisee (referred to as "Releasor"). This means that the commitments and waivers made in the Release extend not only to the franchisee but also to those who inherit their business interests or represent their estate after their death.
This clause ensures that the terms of the Release remain enforceable even if the original parties are no longer present, providing Bumper Man with continued protection from potential claims. For a prospective franchisee, this underscores the importance of fully understanding the implications of the General Release, as its effects will extend beyond their own involvement and impact their heirs or estate representatives.