What proof of termination of the Crawlspace Medic Franchise Agreement will Internet and Telephone Companies accept?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- 2.3 Transfer. On Termination of the Franchise Agreement, or on periodic request of Franchisor, Franchisee will immediately:
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2024 FDD)
Based on the 2024 Crawlspace Medic Franchise Disclosure Document, upon termination of the Franchise Agreement, the franchisee is obligated to transfer rights to electronic advertising and telephone listings to the franchisor.
Specifically, the franchisee must immediately provide the Franchisor with documentation or other proof required by internet and telephone companies to transfer the Electronic Advertising and Telephone Listings to Franchisor or its designee. This indicates that the specific requirements for proof of termination are dictated by the individual internet and telephone companies.
For a prospective Crawlspace Medic franchisee, this means that upon termination, they must be prepared to comply with the specific procedures of various service providers to transfer control of online presence and phone numbers to the franchisor. It would be prudent to proactively inquire with the franchisor about typical requirements from these companies to ensure a smooth transition upon any termination scenario.