What is the effect of headings within the Corcoran Addendum?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
The headings in this Addendum are for convenience only, do not constitute a part of this Addendum, and will not be deemed to limit or affect any of the provisions of this Addendum.
Source: Item 23 — RECEIPTS (FDD pages 75–276)
What This Means (2025 FDD)
According to the 2025 Corcoran Franchise Disclosure Document, the headings used in any addendum to the franchise agreement are solely for the convenience of the reader. They do not constitute a part of the addendum itself.
This means that a Corcoran franchisee should not interpret the headings as legally binding or use them to limit or affect any of the provisions contained within the addendum. The actual text of the addendum is what governs the agreement between Corcoran and the franchisee, not the headings.
This is a fairly standard clause in legal documents, intended to prevent disputes over interpretation based on potentially ambiguous or overly broad headings. Franchisees should focus on understanding the specific terms and conditions outlined in the addendum, rather than relying on the headings as summaries or definitions.