What consideration is given by the Landlord to the Tenant for the Creative World School lease?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Landlord warrants and covenants that Tenant shall peacefully and quietly have, hold and enjoy the leased premises for the entire term of this Lease, subject however to the terms, covenants and conditions of this Lease.
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
According to the 2025 Creative World School Franchise Disclosure Document, the landlord warrants that the tenant shall peacefully and quietly have, hold, and enjoy the leased premises for the entire term of the lease. This is subject to the terms, covenants, and conditions outlined in the lease agreement. This clause ensures the franchisee's right to operate their Creative World School without undue interference from the landlord, provided they adhere to the lease terms.
This "quiet enjoyment" clause is a standard provision in lease agreements, offering the Creative World School franchisee assurance that their business operations will not be disrupted by the landlord during the lease term. However, this right is conditional, meaning any violation of the lease terms by the franchisee could potentially void this protection.
Prospective Creative World School franchisees should carefully review the entire lease agreement, paying close attention to the terms, covenants, and conditions that could affect their right to quiet enjoyment. Understanding these obligations is crucial for maintaining a positive landlord-tenant relationship and ensuring the smooth operation of their franchise.