What is the deadline for a Sonesta Select Sonesta Essential franchisee to provide copies of lease modifications?
Sonesta_Select_Sonesta_Essential Franchise · 2025 FDDAnswer from 2025 FDD Document
Further, if you do not own the Premises, you must provide us with copies of any amendment, addendum, extension, or other modification to the Lease within five days following execution.
Source: Item 22 — CONTRACTS (FDD page 84)
What This Means (2025 FDD)
According to the 2025 Sonesta Select Sonesta Essential FDD, if a franchisee does not own the premises of their hotel, they must provide copies of any lease amendments, addenda, extensions, or other modifications to Sonesta Select Sonesta Essential within five days of execution.
This requirement ensures that Sonesta Select Sonesta Essential is kept informed of any changes to the franchisee's lease agreement that could potentially impact their operation of the hotel. By requiring franchisees to submit lease modifications promptly, Sonesta Select Sonesta Essential can assess whether the changes affect the franchisee's ability to meet their obligations under the franchise agreement.
For a prospective Sonesta Select Sonesta Essential franchisee, this means being prepared to quickly provide any updated lease documents to the franchisor. Failing to do so within the specified timeframe could potentially lead to issues with the franchise agreement. Franchisees should establish a system for tracking and submitting these documents to ensure compliance.