The Partnership of Mario L Herman and Gregory O Herman reviews franchise contracts for real estate brokers and agents. The Washington, D.C., practice focuses exclusively on franchise law and represents franchise owners across the United States and abroad.A real estate franchise usually includes a lengthy Franchise Disclosure Document and an agreement that can bind the broker for years. Many brokers hire a franchise attorney to review these documents before signing. The firm reviews both documents line by line and explains each obligation in plain terms. Where the franchisor allows changes, it also negotiates the contract. Common points include non-compete clauses and sales targets tied to the number of homes or commercial properties sold.
A spokesperson for the firm said, "The real estate professionals who come to us already know their market well. Our job is to help them know their franchise contract just as well. Federal rules give every buyer at least fourteen days to study the disclosure document before signing or paying any money. We encourage clients to use that time to ask us questions. When a broker signs with a clear picture of the terms, the relationship with the franchisor usually starts well."
Mario L. Herman graduated from Georgetown University Law Center and is a member of the District of Columbia Bar. He once chaired the Amicus Committee of the American Association of Franchisees and Dealers, which named him its Supporting Member of the Year. Gregory O. Herman joined the practice as a law clerk in 2016 and later became a partner. He holds an LL.M. from the Antonin Scalia Law School at George Mason University and a second LL.M. from the University of London.
Outside the District of Columbia, the partners work with local counsel in the client's state. The firm also advises brokers who want to take a U.S. real estate franchise overseas. Prospective clients can book a free consultation to have a disclosure document or draft agreement reviewed before committing.
About The Partnership of Mario L Herman and Gregory O Herman
The Partnership of Mario L Herman and Gregory O Herman is a franchise law practice for domestic and international franchise owners. The partners advise people who want to buy a real estate franchise , as well as owners in the hotel, restaurant, printing, and domestic services industries. Its services cover franchise agreement review and negotiation, disclosure document review, renewals and transfers, and dispute resolution through arbitration or litigation. For more information, visit https://www.franchise-law.com/ .