What is the required notice period Crisp & Green must provide for termination of a franchise agreement in Minnesota, excluding specified cases?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
Item 17 of the Disclosure Document is amended by the addition of the following paragraphs:
"With respect to franchisees governed by Minnesota law, we will comply with Minn. Stat. § 80C.14, Subds. 3, 4, and 5 which require, except in certain specified cases, that (1) a franchisee be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice of non-renewal of the Franchise Agreement and (2) consent to the transfer of the franchise not be unreasonably withheld.
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, Minnesota franchisees are entitled to specific protections regarding termination and non-renewal of their franchise agreements. Specifically, except in certain specified cases, Crisp & Green must provide the franchisee with 90 days' notice of termination, along with 60 days to cure any issues. Additionally, Crisp & Green must provide 180 days' notice for non-renewal of the franchise agreement.
This Minnesota addendum ensures that Crisp & Green complies with Minnesota Statutes § 80C.14, Subds. 3, 4, and 5, which outline these notice requirements. This provision is designed to give franchisees adequate time to address any issues that could lead to termination or to prepare for the end of their franchise term if the agreement is not renewed.
These regulations protect franchisees by providing them with sufficient time to rectify any breaches of the agreement or to make necessary arrangements if the franchise is not being renewed. This is more favorable than some franchise agreements, which may allow for quicker termination in certain circumstances. Prospective franchisees should understand these protections and how they apply to their specific situation in Minnesota.