Article
62 of the Law 7/1996 on Retail Trade (the Retail Trade Act), provides a definition
of franchising as well as conditions for this legal regime in Spain. Furthermore,
it led to the development of Royal Decree 2485/1998, which introduced in Spanish
law an improvement on the notion of preliminary agreements in the franchise contract.
This
Law regulates, in general terms, the activity of retail trade providing what is
understood to be “good commercial practices” that must apply to any
franchisee operating as a retailer in the market and establishes a framework for
the relationship between the franchisor and the intended franchisee.
Exert
taken from the Franchiseek Annual Handbook 'How Do I Find Out About Franchising
in Other Countries?"
