What is the deadline for bringing claims arising under the Maryland Franchise Registration and Disclosure Law according to the Rider for The Standardx franchise?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| 5. | Limitations of Claims. The following sentence is added to the end of Section 14.6 | of the Franchise Agreement: | | , except that any and all claims arising under the Maryland Franchise Registration | | and Disclosure Law must be brought within three (3) years after the grant of the | | Franchise. |
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, a franchisee must bring any claims arising under the Maryland Franchise Registration and Disclosure Law within three years after the grant of the franchise. This requirement is specified in a rider to the franchise agreement for use in Maryland.
This means that if a The Standardx franchisee in Maryland believes they have a claim under the Maryland Franchise Registration and Disclosure Law, they must initiate legal action within three years from the date the franchise was granted. Failure to do so could result in the claim being time-barred, meaning the franchisee would lose their right to pursue the claim in court.
This limitation on claims is a critical point for prospective franchisees to consider. It is essential to be aware of this deadline and to consult with an attorney promptly if any issues arise that could potentially lead to a claim under Maryland franchise law. This ensures that the franchisee's rights are protected and that they do not miss the opportunity to seek legal recourse within the specified timeframe.