factual

What section of the Focus Cfo Franchise Agreement is amended regarding limitation of claims?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. 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 is amended regarding the limitation of claims for franchisees operating 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.

This amendment is significant for prospective Focus Cfo franchisees in Maryland because it sets a specific time limit for filing claims related to franchise law. This means a franchisee has three years from the date of signing the Franchise Agreement to bring any claims under the Maryland Franchise Registration and Disclosure Law. Failing to do so within this timeframe would bar the franchisee from pursuing such claims.

This type of amendment is often included in franchise agreements to comply with state-specific franchise laws, which can vary significantly. It is crucial for franchisees to be aware of these state-specific amendments, as they can impact their rights and obligations under the franchise agreement. Prospective franchisees should consult with an attorney to fully understand the implications of these amendments and how they apply to their specific situation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.