Must a Cr3 American Exteriors franchisee sign the then-current Franchise Agreement to renew?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
You may renew for another term, consistent with the standard term in the then existing model Franchise Agreement, by signing our then current Franchise Agreement if you are in compliance with this Agreement and meet the other conditions for renewal. You may also renew future Franchise Agreements for additional terms, consistent with the standard term in the then existing model Franchise Agreement, if you are in compliance with such Agreements and meet the other conditions for renewal by signing our then current Franchise Agreement. To renew, you must exercise a general release of all claims that you might have against us. Other terms, conditions, and fees may vary. If you wish to renew, you must notify us in writing at least one-hundred and eighty (180) days before the expiration of this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to Cr3 American Exteriors's 2025 Franchise Disclosure Document, a franchisee can renew their franchise agreement for additional terms. To do so, they must sign the then-current Franchise Agreement, indicating that the terms and conditions may be different from the original agreement.
To renew the franchise agreement, the franchisee must be in compliance with the existing agreement and meet all other conditions for renewal. Additionally, the franchisee must provide a general release of all claims they might have against Cr3 American Exteriors.
If a franchisee wishes to renew their agreement, they must notify Cr3 American Exteriors in writing at least 180 days before the expiration of the current agreement. This notification period allows both parties ample time to review the terms of the new agreement and ensure a smooth transition.