What is the 'Landlord' referring to in the Creative World School lease agreement?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
-------------------------------------------------------------------------------------|-----| | 16.2 postage prepaid, or (ii) Landlord. | Notice to Tenant. Any notice by Landlord to Tenant under or in connection with this Lease shall be in writing and served by (i) certified or registered mail return receipt requested, nationally recognized overnight courier, addressed to Tenant at following address or at such other address as Tenant may designate by written notice to | the | | | | |
16.3 Notice Given. Notice given in accordance with this Section shall be deemed to be given and received on the earlier of (i) three (3) days after being deposited in the U.S. mail in accordance with this Section; (ii) the next delivery day after being delivered for next day delivery to a nationally recognized overnight carrier; or (iii) the date upon which the return receipt is signed or delivery is refused or the notice is designated non-deliverable by the postal authorities.
SECTION 17 QUIET ENJOYMENT
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.
SECTION 18 RIGHTS OF FRANCHISOR
In the event Tenant assigns this Lease to a franchisee of Tenant, the following provisions shall apply following such assignment. For purposes of this Section 18, CREATIVE WORLD SCHOOL, INC. shall be referred to as "Franchisor."
- (a) Assignment and Subletting. Landlord's consent shall not be necessary for an assignment or subletting (i) to Franchisor or (ii) to a person or entity which directly or indirectly controls, is controlled by or is under common control with Franchisor or (iii) to any other franchisee of Franchisor. Tenant or Franchisor shall give Landlord notice of any such assignment or subletting prior to such assignment or subletting.
- (b) Default of Tenant. In the event a default occurs at any time during the term of the Lease, Landlord shall provide notice of such default to Franchisor by certified mail, return receipt requested or by nationally recognized overnight courier service to the following address:
or to such other address as Franchisor shall provide to Landlord. Franchisor shall have ten (10) business days after receipt of such notice to cure any default resulting from the failure to pay any rental or other sums due under the Lease, and twenty (20) business days after receipt of such notice to cure all other defaults or, if such default is one that requires more than twenty (20) business days to cure, Franchisor shall have such additional time as is reasonably necessary to cure the default so long as Franchisor diligently pursues the cure. Landlord shall not have the right to exercise any rights or remedies provided by the Lease or otherwise available until such time as notice is given to Franchisor, and the Franchisor's cure period shall have expired.
(c) Franchisor as Tenant.
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' refers to the owner of the property that the franchisee (referred to as 'Tenant' in the lease agreement) will lease for the purpose of operating their Creative World School business. The Landlord has rights and responsibilities outlined in the lease agreement, such as providing quiet enjoyment of the premises to the Tenant, and receiving notice of any assignment or subletting of the lease.
The lease agreement outlines specific conditions regarding alterations, additions, and improvements to the property. Structural changes require the Landlord's prior written consent, while non-structural changes do not. Importantly, all alterations, additions, and improvements (excluding the Tenant's furniture, trade fixtures, equipment, and personal property) become the property of the Landlord upon the expiration or termination of the lease, unless otherwise agreed.
The Landlord's interest in the leased premises is protected from liens for improvements made by the Tenant. The Tenant is responsible for preventing any liens from attaching to the property by promptly paying all contractors, subcontractors, materialmen, and laborers. If a lien is filed, the Tenant must discharge or transfer it to a lien transfer bond within 30 days of the Landlord's written request. The Landlord and Tenant cannot cancel, terminate, modify, or amend the lease without the Franchisor's prior written consent, except for the Landlord's right to cancel or terminate the lease due to the Tenant's default, subject to the Franchisor's cure rights.