What sections of the Even Hotels License Agreement cover site selection and acquisition/lease obligations?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Obligation | Section In Agreement | Disclosure Document item |
|---|---|---|
| a. | License: 1.A and Attachment A | Items 7 & 11 |
| Site selection and acquisition/ | ||
| lease |
Source: Item 9 — LICENSEE'S OBLIGATIONS (FDD pages 68–69)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the sections of the License Agreement that pertain to site selection and acquisition/lease obligations are specified in Item 9. Specifically, obligation "a" in the table refers to "Site selection and acquisition/lease" and notes that this obligation is covered in "License: 1.A and Attachment A".
This means that as a prospective Even Hotels franchisee, you should carefully review Section 1.A of the License Agreement and Attachment A, as these sections will outline the specific requirements and procedures for selecting a site and acquiring or leasing the property for your Even Hotels franchise. Understanding these obligations is crucial, as the location and terms of your lease or acquisition can significantly impact the success and profitability of your franchise.
Item 9 also indicates that Items 7 & 11 of the disclosure document provide additional information related to site selection and acquisition/lease obligations. Therefore, it is important to review these items in conjunction with the specified sections of the License Agreement to gain a comprehensive understanding of your responsibilities and the franchisor's expectations regarding site selection and property acquisition or leasing.