We often assist franchisors and franchisees with their legal transactions.
Services for the Franchisor (Seller)
We analyse your property, sales and business growth from a legal point of view. Mr Conveyancer keeps reviewing your franchise’s agreements, disclosure, and leases. Be it a sale, expansion or dispute, we stand by your goals and limitations, giving realistic guidance in contracts, lease transfers or court cases.
Services for the Franchisee (Buyer)
We review franchise agreements, to look for commercial benefits, unfair terms, business structure and of course, whether the franchise is your best bet. We also diligently advise and guide you in case of unfair treatments and litigations.
What sets Mr Conveyancer apart:
- Business costs are identified and reviewed.
- We arrange pre-settlement inspections of the premises.
- We create an open communication channel between either party.
Both franchisors and franchisees are bound by a Code of Conduct which sets out how each party must act towards the other. The Franchising Code includes matters such as disclosure requirements, good faith obligations, dispute resolution mechanisms, cooling-off periods, procedures for ending a franchise agreement, and Procedures for ending a franchise agreement. The Code requires procedures to be set in place for ending a franchise agreement. This can be by transferring the agreement to a third-party, either the franchisor or the franchisee terminating the agreement or the agreement coming to the end of its term.
As well as abiding by the Code of Conduct, franchisors and franchisees may also be legally obligated to comply with other pieces of legislation, including:
• the Fair Work Act
• the Australian Securities and Investments Act
• Australia’s tax laws
• state and territory licensing schemes.
Mr Conveyancer is here to offer a complete solution to meet your needs. We have a ‘can do’ attitude and understand that timely and professional attention to detail is required for the best property transaction outcome. We will help you save time and money. Click here to contact us today and explore our quality service and legal conveyancing solutions. Your property deserves the assistance, quality and skill that we offer.