factual

What must a Cicis franchisee do with any proposed lease modification, amendment, or renewal before execution by the parties?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

Any proposed lease modification, amendment, or renewal must be presented to us prior to execution by the parties for a compliance review by our approved real estate counsel.

You will be responsible for the reasonable attorneys' fees incurred by us in connection with the compliance review of the proposed lease modification, amendment, or renewal.

You must provide a fully executed copy of any lease modification, amendment, or renewal to us within 10 days after execution.

Neither any suggestions we make regarding the terms of the lease, the compliance review, nor our approval of the lease constitutes our representation, promise, warranty, or guarantee that the lease is in your best interests, satisfies your own requirements, or for any other purpose whatsoever.

Source: Item 22 — CONTRACTS (FDD pages 64–65)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, a franchisee must present any proposed lease modification, amendment, or renewal to Cicis before it is executed by all parties. This is to allow Cicis's approved real estate counsel to conduct a compliance review. The franchisee is responsible for covering the reasonable attorney's fees associated with this review.

This requirement ensures that any changes to the lease agreement align with Cicis's standards and protect their interests. It also allows Cicis to maintain some control over the location of its franchises, ensuring that the terms of the lease do not negatively impact the brand or the franchisee's ability to operate the business effectively.

Furthermore, the franchisee must provide Cicis with a fully executed copy of any lease modification, amendment, or renewal within 10 days after its execution. This ensures that Cicis has an updated record of the lease agreement and any changes made to it. Cicis also states that any suggestions they make regarding the lease terms, the compliance review, or their approval of the lease do not constitute a representation, promise, warranty, or guarantee that the lease is in the franchisee's best interests or satisfies their requirements.

Disclaimer: This information is extracted from the 2025 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.