Is a Ledgers franchisee required to disconnect the Listings as part of the transfer process?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon expiration or termination of the Agreement for any reason, Franchisee's right of use of the Listings shall terminate. In the event of termination or expiration of the Agreement, Franchisee will pay all amounts owed in connection with the Listings, and to immediately at Franchisor's request,
- A. take any other action as may be necessary to transfer the Listings to Franchisor or Franchisor's designated agent,
- B. install and maintain, at Franchisee's sole expense, an intercept message, in a form and manner acceptable to Franchisor on any or all of the Listings;
- C. disconnect the Listings; and/or
- D. cooperate with Franchisor or its designated agent in the removal or relisting of the Listings
Franchisor may require Franchisee to "port" or transfer to Franchisor or an approved call routing and tracking vendor all Listings.
Appointment as Attorney in Fact.
For value received, Franchisee hereby irrevocably appoints Franchisor as Franchisee's attorney-in-fact, to act in Franchisee's place, for the purpose of assigning any Listings. This appointment gives to us full power to receive, transfer or assign to us or our designee or take any other actions required of Franchisee under the Agreement. Franchisee grants Franchisor full authority to act in any manner proper or necessary to the exercise of the foregoing powers, including full power of substitution and execution or completion of any documents required or requested by any telephone or other company to transfer such Listings and Franchisee ratifies every act that Franchisor may lawfully perform in exercising those powers. This power of attorney shall be effective for a period of two (2) years from the date of expiration, cancellation or termination of Franchisee's rights under the Agreement for any reason. Franchisee declares this power of attorney to be irrevocable and renounces all rights to revoke it or to appoint another person to perform the acts referred to in this instrument. This power of attorney shall not be affected by the subsequent incapacity of Franchisee. This power is created to secure performance of a duty to Franchisor and is for consideration.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, upon the expiration or termination of the Franchise Agreement, the franchisee's right to use the Listings (telephone numbers, listings, and advertisements) terminates. The franchisee is obligated to pay all outstanding amounts related to the Listings.
At Ledgers' request, the franchisee must take actions to transfer the Listings to Ledgers or its agent. These actions include disconnecting the Listings, installing and maintaining an intercept message at the franchisee's expense, and cooperating in the removal or relisting of the Listings. Ledgers may also require the franchisee to transfer or "port" all Listings to Ledgers or an approved vendor.
To ensure Ledgers can manage the Listings, the franchisee appoints Ledgers as their attorney-in-fact. This appointment allows Ledgers to assign any Listings and take necessary actions, including executing documents required by telephone or other companies to transfer such Listings. This power of attorney is irrevocable for two years after the termination or expiration of the agreement and is not affected by the franchisee's subsequent incapacity.