What is the 'action' or 'request' that the Caring Transitions franchisee is asking the franchisor to take?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| C.T. FRANCHISING SYSTEMS, INC. ("we," "us," "our," or "Franchisor") and the undersigned franchise, ("you," "your," or "Franchisee"), currently are parties to a certain franchise agreement dated (the "Franchise Agreement") for the operation of a Caring Transitions franchised business designated Caring Transitions franchise no You have asked us to take the following action nor to agree to the following request: [insert as appropriate for renewal or transfer situation] |
|---|
| We have the right under the Franchise Agreement to obtain a general release from you (and, if |
| applicable, your owners) as a condition of taking this action or agreeing to this request. Therefore, |
| we are willing to take the action or agree to the request specified above if you (and if applicable, |
| your owners) give us the release and covenant not to sue provided below in this document. You |
| (and, if applicable, your owners) are willing to give us the release and covenant not to sue |
| provided below as partial consideration for our willingness to take the action nor agree to the |
| request described above. |
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the franchisee is asking the franchisor to take a specific action or agree to a request, which is not detailed in this section of the FDD. The document indicates that this action or request is related to either a renewal or transfer situation.
As a condition of taking this action or agreeing to the request, Caring Transitions requires a general release from the franchisee (and their owners, if applicable). This release involves the franchisee agreeing not to sue Caring Transitions, which serves as partial consideration for the franchisor's willingness to proceed with the franchisee's request. The release covers all claims, damages, and liabilities related to the Franchise Agreement or the relationship between the franchisee and Caring Transitions up to the date of signing the release.
Prospective franchisees should be aware that any specific action or request they might need from Caring Transitions, such as renewal or transfer, will likely involve a release of claims against the franchisor. The specific details of what actions or requests are covered by this clause are not provided in this excerpt and should be clarified with the franchisor during due diligence.