Is there a requirement for City Publications to provide a general release in the franchise agreement?

According to City Publications' 2025 Franchise Disclosure Document, the franchise agreement requires franchisees to sign a general release under certain conditions. Specifically, Sections 5B.10 and 20B.2 of the City Publications Franchise Agreement mandate that a franchisee must sign a general release as a condition for both the renewal and transfer of their franchise. However, this requirement is subject to certain limitations and exceptions, particularly concerning state laws.

For franchisees in California and Maryland, the general release must exclude any claims arising under the California Franchise Investment Law and the California Franchise Relations Act, and the Maryland Franchise Registration and Disclosure Law, respectively. Similarly, in Rhode Island, any general release required as a condition of renewal or transfer will be void with respect to claims under The Rhode Island Franchise Investment Act. These stipulations ensure that franchisees in these states do not waive their rights under specific state franchise laws when signing the release.

Prospective franchisees should be aware of these requirements and exceptions, as they can significantly impact their rights and obligations. It is advisable to consult with legal counsel to fully understand the implications of signing a general release, especially in light of the specific state laws that may apply. This will help ensure that franchisees are making informed decisions regarding the renewal or transfer of their City Publications franchise.