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Satisfaction Guarantee

Guaranty of Franchise Obligations (USA)

Price $10.00

Document Id : 8809

Franchisors, make sure your franchisees meet their obligations to you by obtaining a Guaranty of Franchise Obligations from the principal(s) of the franchisee.
  • The guarantor unconditionally guarantees the complete performance of the franchisee under the terms of the Franchise Agreement.
  • The obligations of the guarantor are independent of the obligations of the franchisee.
  • The Guaranty is enforceable against the guarantor and his/her personal representatives, successors and assigns, and the death of the guarantor will not terminate the liability of the guarantor.
  • If the spouse of a franchisee signs as a guarantor, and the franchisee subsequently remarries, the new spouse must also sign.
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