Under what section of the Healthsource Chiropractic agreement is the relationship of the parties discussed?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
4. Grant of Limited Rights to Licensed Provider.
- 4.1 Management Company hereby grants Licensed Provider a revocable, nonassignable license to use the Premises, and all fixtures, equipment, and furnishings located therein, during the Agreement Term. The license to use the Premises granted by this Section 4.1 is not a lease or sublease of the Premises and this Agreement shall not be interpreted to create a landlord and tenant relationship between Management Company (or the owner of the Premises) and Licensed Provider or to give Licensed Provider any right to continued use, possession or occupancy of the Premises, except to the extent expressly stated in this Agreement. This license shall be deemed to end automatically upon the termination of this Agreement. Licensed Provider shall use all fixtures, equipment and furnishings granted by this Section 4.1 in the manner in which they are intended and in compliance with all rules and requirements of Management Company and, if applicable, its landlord; provided, however, that in all case
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
Based on the 2025 Healthsource Chiropractic Franchise Disclosure Document, Section 4.1 discusses the relationship between Management Company and the Licensed Provider.
Specifically, it states that Management Company grants the Licensed Provider a revocable, nonassignable license to use the Premises, including all fixtures, equipment, and furnishings, during the Agreement Term. The agreement clarifies that this license is not a lease or sublease and does not create a landlord-tenant relationship.
This section emphasizes that the Licensed Provider's rights to use the premises are limited and subject to the terms of the agreement, meaning the relationship is defined by a license rather than a lease, with the license automatically ending upon termination of the agreement. The Licensed Provider must use all fixtures, equipment, and furnishings in compliance with the rules and requirements of Management Company and its landlord, if applicable.