factual

What is the effect of representations requiring prospective Dryer Vent Squad franchisees to assent to a release, estoppel, or waiver of liability under the Maryland Franchise Registration and Disclosure Law?

Dryer_Vent_Squad Franchise · 2024 FDD

Answer from 2024 FDD Document

All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.

Source: Item 23 — RECEIPTS (FDD pages 51–207)

What This Means (2024 FDD)

According to the 2024 Dryer Vent Squad Franchise Disclosure Document, any representations that require prospective franchisees in Maryland to agree to a release, estoppel, or waiver of liability will not act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.

This amendment ensures that Dryer Vent Squad franchisees in Maryland retain their rights and protections under Maryland franchise law, regardless of any general releases or waivers they might sign as part of the franchise agreement. This means that franchisees can still pursue claims against the franchisor for violations of the Maryland Franchise Registration and Disclosure Law, even if they have signed documents that appear to waive those rights.

This protection is significant for prospective franchisees because it prevents Dryer Vent Squad from using standard contract language to inadvertently or intentionally shield itself from liability under Maryland law. It allows franchisees to enter into the agreement with the assurance that their legal rights are preserved, specifically concerning the Maryland Franchise Registration and Disclosure Law.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.