Under what conditions is each provision of the Crisp & Green FDD Addendum effective?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
This North Dakota Addendum is only applicable if you are a resident of North Dakota or if your business will be located in North Dakota.
This Washington Addendum is only applicable if you are a resident of Washington or if your business will be located in Washington.
This Illinois Addendum is only applicable if the developer is domiciled in Illinois or if the offer of the franchise is made or accepted in Illinois and the franchise business is or will be located in Illinois.
This New York Addendum is only applicable if you are a resident of New York or if your business will be located in New York.
Each provision of this Addendum to the Franchise Disclosure Document shall be effective only to the extent, with respect to such provision, that the jurisdictional requirements of the Virginia Retail Franchising Act are met independently, without reference to this Addendum to the Franchise Disclosure Document, and only to the extent such provision is a then valid requirement of the statute.
Each provision of this addendum shall be effective only to the extent, with respect to such provision, that the jurisdictional requirements of the Wisconsin Franchise Law or the Rules and Regulations promulgated thereunder are met independently without reference to this addendum to the Franchise Disclosure Document.
In recognition of the requirements of the Maryland Franchise Registration and Disclosure Law, Maryland Code of Business Regulation §§ 14-201 - 14-233, the Franchise Disclosure Document for Crisp & Green in connection with the offer and sale of franchises for use in the State of Maryland shall be amended to include the following:
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the addenda included in the document are state-specific and apply only under certain conditions related to the franchisee's location or residency and the location of the franchise business.
For the states of North Dakota, Washington, and New York, the addenda are applicable only if the franchisee is a resident of that state or if the franchise business will be located in that state. Similarly, the Illinois addendum applies if the developer is domiciled in Illinois, or if the offer of the franchise is made or accepted in Illinois and the franchise business is or will be located in Illinois.
For Virginia and Wisconsin, each provision of the addendum is effective only to the extent that the jurisdictional requirements of the Virginia Retail Franchising Act or the Wisconsin Franchise Law are independently met, without relying on the addendum itself. In Maryland, the addendum is applicable in recognition of the requirements of the Maryland Franchise Registration and Disclosure Law. These stipulations ensure that the addenda's provisions are only applied when consistent with and required by the specific franchise laws of each state.
These state-specific addenda modify the standard Crisp & Green franchise agreement to comply with local laws. Prospective franchisees should carefully review the addendum for their state to understand how their rights and obligations may differ from the standard agreement.