Does the Fly Fitness franchise agreement include a section on 'Dispute Resolution'?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
llars ($30.00) per occurrence.
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- To the extent of any inconsistencies, Sections 17.1 through 17.3 of the Franchise Agreement are hereby amend
Source: Item 22 — CONTRACTS (FDD pages 44–45)
What This Means (2024 FDD)
Yes, according to the 2024 Fly Fitness Franchise Disclosure Document, the franchise agreement does include a section on 'Dispute Resolution'. Specifically, the document references Article 20, Dispute Resolution, within the context of amendments required by Minnesota Statutes. This indicates that the standard Fly Fitness franchise agreement addresses how disputes between the franchisee and franchisor will be handled.
However, the excerpt provided only mentions that Article 20 is subject to amendments based on Minnesota law. It does not detail the specific procedures or terms outlined in the Dispute Resolution section. A prospective franchisee would need to review the full franchise agreement to understand the complete scope of this article, including any mandatory arbitration clauses, choice of law provisions, or limitations on legal remedies.
For a potential Fly Fitness franchisee, it's crucial to understand the dispute resolution process. This includes knowing whether disputes must be settled through arbitration or if they can be taken to court, what state's laws will govern the agreement, and what options are available for resolving disagreements with Fly Fitness. Understanding these terms is essential before signing the franchise agreement.