factual

With whom must the All County broker of record be registered?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

"Broker of Record" means the designated real estate broker of record who is duly registered with the state authorities in any state in which you will be operating the Franchise Business, if required by your state or jurisdiction.

Source: Item 15 — Obligation to Participate in the Actual Operation of the Franchise Business (FDD pages 30–31)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, the Broker of Record must be duly registered with the state authorities in any state in which the franchisee will be operating the Franchise Business, if required by the state or jurisdiction. This means that if a state requires real estate brokers to be registered with a specific state agency or board, the All County franchisee's designated Broker of Record must comply with that requirement.

This requirement ensures that the All County franchise operates in compliance with local and state real estate laws. It also ensures that the Broker of Record is recognized and authorized to conduct real estate property management services within that jurisdiction.

For a prospective All County franchisee, this means they need to verify whether the state in which they plan to operate their franchise requires real estate brokers to be registered. If registration is required, they must ensure that their designated Broker of Record is properly registered with the relevant state authorities before commencing operations. Failure to comply with this requirement could result in legal penalties or the inability to operate the franchise in that state.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.