factual

During the term of the All County franchise agreement, are my relatives restricted from involvement in a Competitive Business?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 16.1. Exclusive Dealings. We have granted the Franchise to you in consideration of and reliance upon your agreement to deal exclusively with us and not to be involved with a Competitive Business. **"**Competitive Business" means any business that offers real estate property management services or products or other services that are the same or similar to those offered by ALL COUNTY® businesses, or any business that offers franchises or licenses to others to operate any business that offers real estate property management services or products or other services that are the same or similar to those offered by ALL COUNTY® businesses. You agree that during the Term of this Agreement neither you nor any of your owners including any of your or your owners' spouses, children or other first degree relatives by blood or marriage will not engage in any of the following:
    • 16.1.1. Interest or Involvement. You will not have any direct or indirect interest as a disclosed or beneficial owner in a Competitive Business, wherever located.
    • 16.1.2. Performance. You will not perform services as a director, officer, manager, employee, consultant, representative, agent or otherwise for a Competitive Business, wherever located. You are prohibited from selling or transferring any of the accounts or clients of the Business to anyone except to us or to one of our designees or to another ALL COUNTY® business that has been approved in writing by us.
    • 16.1.3. Recruiting. You will not recruit or hire any person who is our employee or the employee of any other ALL COUNTY® business without obtaining the prior written permission of that person's employer.

Source: Item 23 — Receipts (FDD pages 43–157)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, both you and certain relatives are restricted from involvement with a Competitive Business during the term of the franchise agreement. A "Competitive Business" is defined as any business offering real estate property management services or products similar to those offered by All County, or any business that franchises or licenses others to operate such businesses.

The franchise agreement specifies that neither you nor any of your owners, including spouses, children, or other first-degree relatives by blood or marriage, can engage in certain activities related to a Competitive Business. This includes having any direct or indirect ownership interest in a Competitive Business, regardless of its location.

Furthermore, you and your covered relatives are prohibited from performing services for a Competitive Business in any capacity, such as a director, officer, manager, employee, consultant, representative, or agent, irrespective of the business's location. This comprehensive restriction aims to prevent conflicts of interest and protect All County's business model and market position.

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.