What is the page number for the 'Renewal' section in the Cinch I.T. Franchise Disclosure Document?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
Item 17, Renewal, Termination, Transfer and Dispute Resolution, shall be amended by the addition of the following paragraphs at the conclusion of the Item 17 disclosures:
- a. "To the extent that the provisions regarding renewal described in this section are inconsistent with the requirements of the Wisconsin Fair Dealership Law (which, among other things, grants You the right, in most circumstances, to 90 days prior written notice of termination and 60 days within which to remedy any claim deficiencies), the renewal provisions will be superseded by the requirements of the Wisconsin Fair Dealership Law and will have no force or effect."
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
The 2024 Cinch I.T. Franchise Disclosure Document (FDD) does not explicitly state the page number for the 'Renewal' section. However, the addendum for the state of Wisconsin references 'Item 17, Renewal, Termination, Transfer and Dispute Resolution'. This suggests that information regarding renewal can be found in Item 17 of the FDD.
Prospective Cinch I.T. franchisees should refer to Item 17 within the FDD to find details about renewal terms, conditions, and procedures. Given that franchise agreements can vary by state, it's important to check for any state-specific addenda that may modify or supersede the standard renewal terms outlined in Item 17. For example, the Wisconsin addendum indicates that the Wisconsin Fair Dealership Law may override certain renewal provisions.
To confirm the exact page number and to fully understand the renewal process, a prospective franchisee should directly ask Cinch I.T. for clarification. They should also inquire about any state-specific regulations that might affect their renewal rights, ensuring they are fully informed before signing the franchise agreement.