factual

What is the minimum written notice period Chem Dry franchisees in Minnesota must receive before termination of their Franchise Agreement, according to Minnesota Statutes §80C.14, subdivisions 3, 4 and 5?

Chem_Dry Franchise · 2024 FDD

Answer from 2024 FDD Document

Nothing in the Franchise Agreement shall in any way abrogate or reduce any rights of Franchisee as provided for in the Minnesota Statutes, Chapter 80C. Minnesota Statutes §80C.14, subdivisions 3, 4 and 5 require that Franchisee be given at least 90 days written notice in advance of termination (with 60 days to cure) and 180 days written notice for non-renewal of the Franchise Agreement, except that the notice shall be effective immediately for certain grounds.

Source: Item 22 — CONTRACTS (FDD page 68)

What This Means (2024 FDD)

According to Chem Dry's 2024 Franchise Disclosure Document, Minnesota Statutes §80C.14, subdivisions 3, 4 and 5, require that Chem Dry give a franchisee at least 90 days written notice before terminating a franchise agreement. The franchisee then has 60 days to cure the issue that led to the termination notice.

However, the 90-day notice period does not apply in all cases. The FDD states that the notice is effective immediately for certain grounds, though it does not specify what those grounds are.

This Minnesota addendum ensures that the Chem Dry Franchise Agreement adheres to Minnesota state law regarding franchisee rights and termination procedures. Prospective franchisees in Minnesota should carefully review the specific conditions under which immediate termination can occur to fully understand their rights and obligations.

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.