Does signing a general release of claims against Fitstop, including upon execution of the Franchise Agreement, release claims under the Maryland Franchise Registration and Disclosure Law?

According to Fitstop's 2024 Franchise Disclosure Document, any general release of claims signed by a franchisee, including upon execution of the Franchise Agreement, does not release claims under the Maryland Franchise Registration and Disclosure Law. This means that even if a franchisee signs a release, they still retain their rights to pursue claims under this specific Maryland law.

This protection is significant for prospective Fitstop franchisees in Maryland. It ensures that they do not inadvertently waive their rights under the Maryland Franchise Registration and Disclosure Law by signing a general release. This law is designed to protect franchisees, and this provision prevents Fitstop from circumventing those protections through a standard release agreement.

Furthermore, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise. This statute of limitations provides a defined window for franchisees to bring claims under this law. A franchisee may bring a lawsuit in Maryland for claims arising under the Maryland Franchise Registration and Disclosure Law.

These stipulations are specific to Maryland and highlight the importance of understanding state-specific franchise laws. Fitstop franchisees should consult with an attorney to fully understand their rights and obligations under Maryland law.