factual

What is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law for The Standardx franchise?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

You must bring any claims arising under the Maryland Franchise Registration and Disclosure Law within 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 3 years after the grant of the franchise. This means that if a franchisee believes The Standardx has violated the Maryland Franchise Registration and Disclosure Law, they have a limited time to take legal action.

This statute of limitations is important for prospective franchisees to understand. If a franchisee waits longer than three years after the franchise is granted to bring a claim, they will likely be barred from doing so. This could have significant financial implications if The Standardx has acted unlawfully and caused the franchisee damages.

It is common for franchise agreements to include clauses addressing choice of law and forum, but as noted in the FDD, the Maryland Franchise Registration and Disclosure Law may still apply to claims brought in Maryland. Franchisees should consult with an attorney to fully understand their rights and obligations under the franchise agreement and applicable state laws.

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.