What rights does Cd One Price Cleaners have after receiving a copy of a proposed Lease?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
terms with the Site's owner or lessor, Franchisee shall present the ready-to-besigned Lease to Franchisor for its review and acceptance. Franchisee shall ensure that such Lease includes such standard lease terms as Franchisor may require in writing from time to time, including, without limitation, the lease terms described in Section 6.10. After receiving a copy of a proposed Lease in form for execution, Franchisor shall have the sole right to accept, accept with modifications or refuse to accept such proposed Lease, and Franchisee acknowledges and agrees that Franchisor shall have no liability therefor, provided that Franchisor shall not unreasonably withhold its acceptance of a proposed Lease that contains the standard lease terms that Franchisor periodically specifies. Franchisor agrees to use commercially reasonable efforts to deliver such notification to Franchisee within fifteen (15) days after receiving the proposed Lease. Franchisee agrees that it will not execute a Lease without Franchisor's the prior written acceptance of the Lease.
Franchisee acknowledges that Franchisor's acceptance of the Lease is not a representation or warranty of any kind, express or implied, of the suitability of the Lease.
Source: Item 23 — Receipts (FDD pages 72–263)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, after a franchisee negotiates lease terms and presents a ready-to-be-signed lease, Cd One Price Cleaners has specific rights regarding the acceptance or rejection of the proposed lease. Cd One Price Cleaners has the sole right to accept the lease, accept it with modifications, or refuse to accept it. However, Cd One Price Cleaners agrees to use commercially reasonable efforts to notify the franchisee of their decision within fifteen (15) days of receiving the proposed lease.
Cd One Price Cleaners will not be held liable for their decision regarding the lease, provided that they do not unreasonably withhold acceptance of a proposed lease that contains the standard lease terms that Cd One Price Cleaners periodically specifies. The franchisee is prohibited from executing a lease without Cd One Price Cleaners' prior written acceptance.
The FDD states that Cd One Price Cleaners' acceptance of a lease does not constitute a representation or warranty of any kind regarding the suitability of the lease. It only indicates that Cd One Price Cleaners believes the lease meets the general criteria of acceptability that Cd One Price Cleaners has established at that time, or that Cd One Price Cleaners has waived those criteria. Simultaneously with signing the lease, the franchisee and the site's owner or lessor must sign the Rider to Lease and Collateral Assignment attached as Exhibit B.