What is the full name of the agreement that Camp Margaritaville participants must sign?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
4.1.5 Rental Management Agreements.
- A. Following the execution of a purchase and sale agreement for a Dwelling and in no event prior thereto (excluding Franchisee as a Dwelling Owner), Dwelling Owners shall be afforded the opportunity to participate in the Rental Program. Dwelling Owners that, in their sole discretion, decide to participate in the Rental Program shall participate in the rental stream generated by the Website.
- B. Dwelling Owners desiring to participate in the Rental Program shall enter into a rental management agreement with Franchisee in a form approved by Franchisor (such approval not to be unreasonably withheld, conditioned or delayed) (each, a "Rental Management Agreement"). During the Term, the form of Rental Management Agreement approved by the Franchisor, shall not be amended, or any other Rental Management Agreement adopted, that adversely affects or detracts from the overall image of the Camp Margaritaville Intellectual Property and the standards of quality associated therewith or the operation of the Project.
- 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.
- D. With respect to any Dwellings whose Dwelling Owners decide not to participate in the Rental Program, Franchisee (or its Affiliates) shall not manage, rent, and otherwise operate such Dwelling. Instead, nonparticipating Dwelling Owners shall have the right, pursuant to a separate rental management agreement, using a third-party rental manager that has met commercially reasonable qualifications similar to the rental manager controlled by Franchisee. Such independent rental management program shall not represent or otherwise indicate that such non-participating Dwelling is branded as or otherwise affiliated with the Margaritaville brand.
- E. A Dwelling Owner not participating in the Rental Program may use thirdparty rental agents and booking services including websites and "OTAs" (Online Travel Agencies) to market the rental of their Dwellings but may not use Camp Margaritaville Intellectual Property in connection therewith and provided that such third-party rental agents are subject to the standards
and requirements of the HOA Documents approved by Franchisor under this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, Dwelling Owners who decide to participate in the Rental Program must enter into a rental management agreement with the franchisee. This agreement is referred to as a "Rental Management Agreement". The form of this agreement must be approved by Camp Margaritaville, and any amendments during the term of the agreement cannot negatively impact the brand's image or quality standards.
In conjunction with the Rental Management Agreement, the franchisee must include disclaimers and waivers, in a form that is mutually agreed upon by both Camp Margaritaville and the franchisee, acting reasonably. These disclaimers and waivers should clarify that Camp Margaritaville is only involved in the Rental Program as a franchisor, with its rights defined and governed by the franchise agreement.
For Dwelling Owners who choose not to participate in the Rental Program, the franchisee (or its affiliates) is prohibited from managing, renting, or operating their dwellings. Instead, these owners have the right to use a third-party rental manager, provided they meet commercially reasonable qualifications similar to those of the rental manager controlled by the franchisee. This independent rental management program must not imply any affiliation with the Margaritaville brand.