Can the Fly To Fit franchise agreement be modified orally?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
(7) Franchisee understands that this Agreement contains the entire agreement between Fly To Fit Franchise and Franchisee concerning the Fly To Fit franchise, which means that any oral or written statements not set out in this Agreement will not be binding. In deciding to enter into this Agreement, Franchisee is not relying on any statement, promise, claim, or representation not expressly set forth in this Agreement or in the Disclosure Document.
Source: Item 22 — CONTRACTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the franchise agreement contains the entire agreement between Fly To Fit and the franchisee. This means that any oral or written statements not included in the agreement are not binding. In deciding to enter into the agreement, the franchisee is not relying on any statement, promise, claim, or representation not expressly set forth in the agreement or in the Disclosure Document.
This clause protects both the franchisee and Fly To Fit by ensuring that all important terms are written in the franchise agreement. It prevents either party from later claiming they were promised something that isn't documented. This is a common provision in franchise agreements to provide clarity and avoid disputes based on verbal agreements.
As a prospective Fly To Fit franchisee, it is important to ensure that all the terms and conditions you agree upon are included in the written franchise agreement. Do not rely on any verbal promises or representations made by Fly To Fit representatives that are not documented in the agreement or the Franchise Disclosure Document. Carefully review the entire agreement and seek legal counsel to ensure you understand all the terms and conditions before signing.