North Carolina Area Development Agreement

State:
Multi-State
Control #:
US-2-02-1-STP
Format:
Word; 
Rich Text
Instant download

Description

Area Development Agreement: An Area Development Agreement is made between an Owner and Area Franchisee. The Owner desires to expand and develop the Franchise Business and wishes to allow the Area Franchisee the use of the Owner's established franchise name and likeness to accomplish the Owner's goal of expansion. However, the Area Franchisee must adhere to the guidelines listed in this agreement. This form is available in both Word and Rich Text formats.
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FAQ

§ 160D-1006. (a) A development agreement shall, at a minimum, include all of the following: (1) A description of the property subject to the agreement and the names of its legal and equitable property owners. (2) The duration of the agreement.

What is Chapter 160D? Chapter 160D of the North Carolina General Statutes consolidated city- and county-enabling statutes for development regulations (formerly in Chapters 153A and 160A) into a single, unified chapter. Chapter 160D placed these statutes into a more logical, coherent organization.

Co-development agreements establish which company owns which aspect of the intellectual property in question. With ownership comes responsibility for patent prosecution and mounting defenses against allegations of IP infringement.

- The existence and occupation of dwellings that are unfit for human habitation are inimical to the welfare and dangerous and injurious to the health and safety of the people of this State. A public necessity exists for the repair, closing, or demolition of such dwellings.

§ 14-160. Willful and wanton injury to personal property; punishments. (a) If any person shall wantonly and willfully injure the personal property of another he shall be guilty of a Class 2 misdemeanor.

§ 160D-1123. Appeal; finality of order if not appealed. In the absence of an appeal, the order of the inspector is final. The governing board shall hear an appeal in ance with G.S. 160D-406 and render a decision within a reasonable time.

§ 160D-1006. Content and modification. (a) A development agreement shall, at a minimum, include all of the following: (1) A description of the property subject to the agreement and the names of its legal and equitable property owners.

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North Carolina Area Development Agreement