Idaho 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

The elements of conversion are: 1) Intent to convert the tangible or intangible property of another to one's own possession and use, 2) The property in question is subsequently converted.

For example, a person who picks up a necklace off the ground with the intent to resell it because they erroneously believed it was abandoned still converted that necklace. The standard remedy for conversion is return of the property in question or damages for the fair market value of the property.

The elements of conversion are: the plaintiff's ownership or right to possession of the property; the defendant's conversion by wrongful act inconsistent with the property rights of the plaintiff; and. damages.

The Idaho Contractor Registration Act requires anyone who holds themself out as a contractor or engages in contracting work to register with the Bureau of Occupational Licenses. Homeowners and employees of registered contractors are not required to register.

Value of the property: The fair market value of the property that was converted is typically the starting point for calculating damages. This value is usually determined by expert testimony or by the market value of similar property.

The governing board shall not hold a public hearing, give notice of a proposed hearing, nor take action upon the plan, amendments, or repeal until recommendations have been received from the commission.

Under California law, the elements required to prove a claim of conversion are: (1) the plaintiff's ownership or right to possession of the property; (2) the defendant's conversion by a wrongful act or in a manner that is inconsistent with the plaintiff's property rights; and (3) resulting damages.

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Idaho Area Development Agreement