factual

What is a City Publications franchisee required to acknowledge upon signing the Rhode Island amendment?

City_Publications Franchise · 2025 FDD

Answer from 2025 FDD Document

IN WITNESS WHEREOF, each of the undersigned hereby acknowledges having read this Amendment, and understands and consents to be bound by all of its terms.

Source: Item 23 — RECEIPT (FDD pages 39–129)

What This Means (2025 FDD)

According to City Publications' 2025 Franchise Disclosure Document, a franchisee in Rhode Island must acknowledge having read the amendment to the franchise agreement and understand and consent to be bound by all of its terms. This acknowledgement is made by signing the amendment. The Rhode Island amendment addresses specific provisions within the standard City Publications franchise agreement to ensure compliance with The Rhode Island Franchise Investment Act.

Specifically, the amendment clarifies that any general release required for renewal or transfer of the franchise will not apply to claims arising under The Rhode Island Franchise Investment Act. Additionally, the amendment ensures that any clause restricting jurisdiction or venue to a location outside of Rhode Island, or requiring the application of laws from another state, is void with respect to claims enforceable under the Rhode Island Franchise Investment Act.

This requirement ensures that City Publications franchisees in Rhode Island are aware of their rights and obligations under both the franchise agreement and Rhode Island state law. It also protects the franchisee's right to pursue claims under the Rhode Island Franchise Investment Act, regardless of conflicting terms in the standard franchise agreement. Prospective franchisees should carefully review the Rhode Island amendment and seek legal counsel to fully understand its implications.

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.