What is the statute of limitations for bringing a claim arising under the Maryland Franchise Registration and Disclosure Law related to an Engel & Volkers franchise?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Any claim arising under the Maryland Franchise Registration and Disclosure Law may be brought within 3 years after the grant of the franchise.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 63–71)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, any claim arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise. This information is part of an addendum to the Franchise Disclosure Document specifically for franchisees in Maryland.
This means that a franchisee in Maryland has a limited time frame to bring legal action against Engel & Volkers for any violations of the Maryland Franchise Registration and Disclosure Law. If a franchisee waits longer than three years after the franchise is granted, they may lose their right to sue under this specific law.
It is important for prospective Engel & Volkers franchisees in Maryland to understand this limitation and to consult with an attorney if they believe they have a claim under the Maryland Franchise Registration and Disclosure Law. This ensures that they are aware of their rights and the deadlines for taking legal action.