How much written notice is required for assignment of contract by the Dolce Hotels franchisor?
Dolce_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
Also, at least fifteen (15) days prior to closing such financing, you shall submit to us a written statement certifying that you have not misrepresented or overstated your relationship with us and our affiliates or your rights to use the Marks.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 75–80)
What This Means (2025 FDD)
The 2025 Dolce Hotels Franchise Disclosure Document states that a franchisee must provide written notice to Dolce Hotels at least fifteen (15) days prior to closing any financing arrangement where the Dolce service mark appears or where there is a reference to the franchise agreement. This written statement must certify that the franchisee has not misrepresented their relationship with Dolce Hotels or their rights to use the Dolce Hotels marks.
This requirement ensures that Dolce Hotels is aware of any financing arrangements that involve their brand and that the franchisee is accurately representing their relationship with the company. This protects Dolce Hotels' brand and reputation by preventing franchisees from making misleading claims to lenders or investors.
For a prospective Dolce Hotels franchisee, this means that if they seek financing for their franchise, they must provide Dolce Hotels with the required written notice well in advance of closing the deal. Failing to do so could result in a breach of the franchise agreement. Franchisees should factor this timeline into their financing plans to ensure compliance.