Does the Focus Cfo Franchise Agreement modify Section 18.4 regarding the limitation of claims?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Limitation of Claims.
Section 17.4 of the Franchise Agreement is amended to provide that any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three (3) years after the date of the Franchise Agreement.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, Section 17.4 of the Franchise Agreement, not Section 18.4, is amended regarding the limitation of claims for franchisees in Maryland. Specifically, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the date of the Franchise Agreement.
For a Focus Cfo franchisee in Maryland, this means that the standard limitation of claims outlined in the Franchise Agreement may not fully apply to claims arising under Maryland franchise law. Instead, Maryland franchisees have three years from the date of the agreement to bring such claims. This modification ensures that Focus Cfo franchisees in Maryland are afforded the protections and time frame provided by Maryland law for claims related to franchise registration and disclosure.
This modification is important for prospective Focus Cfo franchisees in Maryland as it clarifies their rights and obligations under both the Franchise Agreement and Maryland law. It ensures that they have adequate time to pursue claims related to franchise registration and disclosure, which can be crucial in protecting their investment and business interests. Franchisees outside of Maryland are subject to the standard terms in the Franchise Agreement, so this modification only applies to franchisees who are residents of Maryland or locate their franchises in Maryland.