factual

Which sections of the Carls Development Agreement address transfer obligations?

Carls Franchise · 2024 FDD

Answer from 2024 FDD Document

Obligation Section in Franchise Agreement (FA) and Development Agreement (DA) Disclosure Document Item
s. Inspections and audits FA: Sections 4 & 9 DA: Not Applicable Items 6 & 11
t. Transfer FA: Sections 14 & 15 DA: Sections 9 & 10 Item 17

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 41–54)

What This Means (2024 FDD)

According to Carls's 2024 Franchise Disclosure Document, the sections in the Development Agreement that pertain to transfer obligations are Sections 9 and 10. The corresponding sections in the Franchise Agreement are Sections 14 and 15. Information regarding transfer obligations can be found in Item 17 of the disclosure document.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.