How many business days does a Churchs Chicken sublessee have to execute an estoppel certificate after a request?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Sublessee agrees to execute within 10 business days after request, and as often as requested, estoppel certificates confirming any factual matter requested by Sublessor which is true and is within Sublessee's knowledge regarding this Sublease or the Premises, including but not limited to: (i) the date of occupancy, (ii) Expiration Date, (iii) the amount of Rent due and date to which Rent is paid, (iii) whether Sublessee has any defense or offsets to the enforcement of this Sublease or the Rent payable, (iv) any default or breach by Sublessor, and (v) whether this Sublease, together with any modifications or amendments, is in full force and effect.
Sublessee shall attach to such estoppel certificate copies of any modifications or amendments to the Sublease.
Source: Item 23 — RECEIPT (FDD pages 68–406)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, a sublessee is obligated to execute an estoppel certificate within 10 business days of a request from the sublessor. This certificate confirms factual matters related to the sublease or the premises, provided the information is true and within the sublessee's knowledge.
The estoppel certificate may include details such as the date of occupancy, the expiration date of the sublease, the amount of rent due and the date to which rent has been paid. It also covers whether the sublessee has any defenses or offsets against the enforcement of the sublease or the rent payable, whether there are any defaults or breaches by the sublessor, and whether the sublease, along with any modifications or amendments, is in full force and effect.
Furthermore, the sublessee is required to attach copies of any modifications or amendments to the sublease to the estoppel certificate. This obligation to provide an estoppel certificate arises as often as the sublessor requests it, ensuring that the sublessor can readily obtain confirmation of key details regarding the sublease agreement.