Does the Card My Yard general release cover claims that are unsuspected at the time of the release?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) You and your Owners must execute a general release of any and all claims against us, our Affiliates, and our and their respective officers, directors, shareholders, partners, members, agents, representatives, independent contractors, servants and employees, past and present, in their corporate and individual capacities, including, without limitation, claims arising under this Agreement or under federal, state or local laws, rules, regulations or orders;
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, franchisees and their owners must execute a general release of claims against Card My Yard, its affiliates, and their respective personnel as a condition of renewing their franchise agreement. This release encompasses all claims, including those arising under the agreement or any federal, state, or local laws, rules, regulations, or orders.
This requirement means that to renew their franchise, franchisees must waive their rights to pursue any legal claims against Card My Yard, regardless of whether they are known or unknown at the time of renewal. This includes claims related to the franchise agreement itself, as well as any other legal claims that could arise from the franchisee's operation of the Card My Yard business.
The general release is broad in scope, covering a wide range of potential claims and protecting Card My Yard from future litigation. Prospective franchisees should carefully consider the implications of this requirement, as it could limit their ability to seek legal recourse against Card My Yard in the future. Franchisees should seek legal counsel to fully understand the scope and impact of the general release before signing it.