Does Deer Solution require a General Release as part of the franchise agreement?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit 1 | Franchise Owner and Spouse Agreement and Guaranty |
|---|---|
| Exhibit 2 | Confidentiality Agreement |
| Exhibit 3 | Assignment of Telephone Numbers and Digital Media Accounts |
| Exhibit 4 | ACH Authorization Form |
| Exhibit 5 | General Release |
Individual state law may supersede the provisions contained in your Franchise Agreement respecting the requirement that you execute a general release as a condition to assignment, sale, or transfer. See, the state specific addendums contained in Exhibit H of this Disclosure Document.
Source: Item 22 — CONTRACTS (FDD pages 54–55)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, a General Release is included as an exhibit. Specifically, Exhibit 5 is listed as a General Release. This suggests that Deer Solution may require franchisees to sign a general release under certain circumstances.
However, the FDD also indicates that individual state laws may supersede the requirement to execute a general release as a condition to assignment, sale, or transfer of the franchise. Prospective franchisees should refer to Exhibit H, which contains state-specific addenda, to understand how these laws might affect them. This means the applicability of the general release could vary depending on the franchisee's location.
It is important for potential Deer Solution franchisees to carefully review the Franchise Agreement and all its exhibits, including the General Release and any state-specific addenda, with legal counsel. This will help them understand their rights and obligations regarding assignment, sale, or transfer of the franchise and the potential impact of the general release.