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Are representations requiring prospective Ledgers franchisees in Maryland to release liability intended to waive liability under the Maryland Franchise Registration and Disclosure Law?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

  • F. The FA and the Franchisee Questionnaire are amended with the addition of the following language:
    • "All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law."

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

According to the 2025 Ledgers Franchise Disclosure Document, representations requiring prospective franchisees in Maryland to assent to a release, estoppel, or waiver of liability are not intended to, nor shall they act as, a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law. This means that any agreements or statements made by a franchisee to release Ledgers from liability will not be considered a waiver of rights under Maryland's franchise laws.

This provision protects franchisees by ensuring they cannot inadvertently give up their legal rights under Maryland franchise law through standard release forms or other representations made during the franchise agreement process. It specifically addresses concerns that franchisees might unknowingly waive their rights, providing an additional layer of security under Maryland law.

Prospective Ledgers franchisees in Maryland should be aware of this protection, ensuring they understand that any releases or waivers they sign do not affect their rights under the Maryland Franchise Registration and Disclosure Law. This clarification helps maintain the franchisee's ability to pursue claims under Maryland law if necessary, despite any general releases they may have signed.

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.