What disclaimers and waivers must the Camp Margaritaville franchisee include in the Rental Management Agreement?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
- C. In connection with any Rental Management Agreement executed by a Dwelling Owner, Franchisee shall include disclaimers and waivers by the Dwelling Owner, in a form that is mutually agreed between Franchisor and Franchisee, each acting in its reasonable discretion, and addressing that Franchisor is involved in the Rental Program only as a franchisor and its rights are defined and governed by the Agreement.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, when a franchisee enters into a rental management agreement with a Dwelling Owner, the franchisee must include specific disclaimers and waivers. These disclaimers and waivers must be in a form mutually agreed upon by both Camp Margaritaville and the franchisee, each acting reasonably.
The purpose of these disclaimers and waivers is to clarify Camp Margaritaville's role in the Rental Program. Specifically, they must state that Camp Margaritaville is involved only as a franchisor, and its rights are defined and governed solely by the Franchise Agreement. This is to ensure that Dwelling Owners understand the limited capacity in which Camp Margaritaville is involved in the rental program.
This requirement protects Camp Margaritaville from potential liabilities or misunderstandings related to the rental program, as it clearly defines the franchisor's role. For a prospective franchisee, this means they must work with Camp Margaritaville to create and implement these disclaimers and waivers in their Rental Management Agreements, ensuring compliance with the agreed-upon form to maintain brand consistency and legal protection.