What is the Christian Brothers Automotive tenant's obligation regarding the location of rent payments?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
Rent is payable in advance and without demand at Lessor's offices located at 17725 Katy Freeway, Houston, Texas 77094, on or before the 1st day of each month commencing on the Commencement Date, without a grace period (subject, however, to the provisions of subsection (e), below).
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, rent payments are to be made in advance and without demand at the Lessor's offices, which are located at 17725 Katy Freeway, Houston, Texas 77094. These payments are due on or before the 1st day of each month, commencing on the Commencement Date, and there is no grace period.
This means that as a Christian Brothers Automotive franchisee, you are obligated to ensure that your rent payments reach the specified location in Houston, Texas, by the first of each month. The absence of a grace period means that any delay in payment could result in late fees or other penalties.
It is common in franchise agreements for rent to be paid on time, and the Christian Brothers Automotive lease agreement emphasizes this point. The document specifies that the tenant's right of possession and all of the lessor's obligations are conditional on rent being paid on time. This underscores the importance of adhering to the payment schedule to maintain good standing under the lease agreement.