What is the deadline for bringing claims arising under the Maryland Franchise Registration and Disclosure Law for a Casiola franchise?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the grant of the franchise.
A general release required as a condition of renewal, sale and/or assignment or transfer of a Franchise Agreement shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law.
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to the 2024 Casiola Franchise Disclosure Document, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the grant of the franchise. This amendment to the franchise agreement clarifies the timeframe within which a franchisee can pursue legal action related to violations of Maryland franchise law.
This provision is important for prospective Casiola franchisees in Maryland as it sets a clear deadline for filing claims. Franchisees need to be aware of this three-year limitation period to ensure they do not lose their right to sue for potential violations of the Maryland Franchise Registration and Disclosure Law. It is crucial to keep accurate records and seek legal advice promptly if any issues arise that could lead to a claim.
The amendment also states that a general release required as a condition of renewal, sale, and/or assignment or transfer of a Franchise Agreement shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law. This protects the franchisee's right to pursue claims under Maryland law even if they have signed a general release in connection with a renewal, sale, or transfer of the franchise.