What specific clause or addendum must be included in the Deka Lash Franchise Premises lease?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
The terms and conditions of this Addendum shall amend, supersede, replace, and control over any conflicting or inconsistent terms and conditions in the Lease; except as modified in this Addendum, all other terms and conditions of the Lease shall remain unmodified and in full force and effect.
LANDLORD:
EXHIBIT F-2 TELEPHONE NUMBER & INTERNET ASSIGNMENT AGREEMENT
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, Exhibit F-2, titled "Conditional Assignment of Lease and Telephone Number Assignment," must be included in the Deka Lash franchise premises lease. This addendum ensures that any conflicting terms in the lease are superseded by the terms and conditions outlined in the addendum. Otherwise, all other terms and conditions of the lease remain in full effect.
This requirement means that as a Deka Lash franchisee, you must ensure that the lease for your studio location includes this specific addendum. This addendum protects Deka Lash's interests by ensuring that the franchise agreement takes precedence over the lease in case of any discrepancies. It also covers the assignment of telephone numbers and internet listings to Deka Lash.
Prospective franchisees should carefully review Exhibit F-2 and understand its implications for their lease agreement. It is important to consult with a legal professional to ensure that the lease and the addendum are properly integrated and that the franchisee's rights and obligations are clearly defined. This step helps avoid potential conflicts or misunderstandings during the term of the franchise agreement.