Franchise

Business / Real Estate / Franchise: 1. A privilege granted to conduct certain service businesses, such as a franchise real estate brokerage. 2. The private contractual right to operate a business using a designated trade name and the operating procedures of the parent company (the franchisor). Such firms as Century 21 and Coldwell Banker operate national franchise brokerages.

Franchise Investment Law

Business / Real Estate / Franchise Investment Law: Administered by the California corporations commissioner, the law requires disclosure from the franchisor to the franchisee and is intended to protect prospective purchasers of franchises. MORE

Corporation Franchise Tax Lien

Business / Real Estate / Corporation Franchise Tax Lien: State governments generally levy a corporation franchise tax on corporations as a condition of allowing them to do business in the state. Such a tax is a general statutory involuntary lien on all real MORE

Franchise Tax

Business / Real Estate / Franchise Tax: An income tax, California corporations pay. MORE

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