For a Creative World School franchise, what is the definition of 'Taxes' as it relates to real estate?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT "A" TO CREATIVE WORLD SCHOOLS FRANCHISING COMPANY, INC. FRANCHISE AGREEMENT
INDEX
This Index is intended as a general guideline to assist you in reading the Franchise Agreement. You must review the Franchise Agreement to get an exact definition of a term.
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
I am unable to provide a definition of 'Taxes' related to real estate for a Creative World School franchise using the provided excerpts from the 2025 Franchise Disclosure Document. While the document includes information about the franchise system, financial statements, and agreements, it does not contain a specific definition of 'Taxes' in the context of real estate. The FDD does contain an index that acts as a general guideline to assist in reading the Franchise Agreement, but states that the Franchise Agreement must be reviewed to get an exact definition of a term.
As a prospective franchisee, it's important to understand all financial obligations, including those related to real estate. Since the FDD excerpt does not define 'Taxes', you should carefully review the full Franchise Agreement for clarification.
It is recommended that you consult with a financial advisor or attorney to fully understand the implications of all financial obligations, including real estate taxes, before investing in a Creative World School franchise.