If the franchisor subleases real property to the franchisee, a paralegal may be involved in the real estate process: generating the sublease, negotiating with the landlord on legal terms of the base lease and issuing estoppel certificates.
If the franchisee obtains financing from a third-party lender, the franchisor may require some type of lender agreement setting out the franchisor’s and lender’s positions relative to the franchisee’s assets.