by MLLAW | Jul 29, 2021 | Uncategorized
Purchasing an Apartment “Off the Plans” – Potential Pitfalls The demand for apartments in recent years has seen purchasers signing sale and purchase contracts on the basis of plans for apartments not yet constructed. Such contracts will not necessarily include...
by MLLAW | Jul 29, 2021 | Uncategorized
What is the Difference Between a Franchise and a Licence? We act for both Franchisors and Licensors. We have also advised both Franchisees and Licensees. Often we are asked what is the difference between a Franchise and a Licence? In order to understand the...
by MLLAW | Jul 29, 2021 | Uncategorized
Franchisors – Don’t get caught by the Real Estates Agents Act A franchisor who takes an active role in facilitating the sale of a franchisee’s business could be caught by the requirements of the Real Estate Agents Act 2008 (“the Act”). If a franchisor is engaging in...
by MLLAW | Jul 29, 2021 | Uncategorized
Advantages and Disadvantages of Subleasing/Licensing The Advantages It’s all about control The franchisor has a direct contractual relationship with the landlord. The franchisor retains control over the premises (over the franchisee sublessee/licensee). No...
by MLLAW | Jul 29, 2021 | Uncategorized
Differences between a Sublease and a Licence A Sublease is a legal interest in land. Will bind the Sublessor’s successors in title. A Licence will only do this in certain situations. A licence cannot be registered. A sublessee has an automatic right to assign...
by MLLAW | Jul 29, 2021 | Uncategorized
What is in a Franchise Agreement? While every Franchise Agreement is different and contains clauses which relate purely to the requirement of the particular franchise agreement. They do follow a certain pattern. Here is a summary of what you can expect to...
by MLLAW | Jul 29, 2021 | Uncategorized
Buying a Franchise – Why we should be your Lawyers 1. Expertise We have extensive experience in franchise law. We have advised our clients on most of the major systems in New Zealand including: Subway, Hell Pizza, Burger Fuel, Pita Pit, The Coffee Club,...
by MLLAW | Jul 29, 2021 | Uncategorized
Buying a Franchise – Due Diligence Checklist 1. The Franchise Is the Franchisor the owner of the Intellectual Property relative to the System, if not then does the Franchisor have a licence to use the Intellectual Property? Does the Franchisor’s licence last...
by MLLAW | Jul 20, 2021 | Uncategorized
Buying a Franchise – What are you really buying? A franchise business has some unique characteristics and it is important that you understand what exactly these are. Some of these are: You get a licence – part of what you are buying is a licence to...
by MLLAW | Jul 20, 2021 | Uncategorized
Buying a Franchise – Do you homework 1. Investigate Find out as much as you can about the system you are interested in – talk to the franchisor, meet with them and establish whether or not you will be comfortable working under the franchise system and...
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