Does Counselor Realty have to consent to the specific location of the initial 'Office'?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
1.2 Site Selection. You must select a site for your Office within 180 days after you sign this Agreement. After you notify us of a proposed site for your Office, we will have 30 days to review the site and to notify you whether or not we consent to your operation of the Business at that site. If we reject the site you propose, you will have an additional 60 days to locate a site that is acceptable to us. If you fail to do so, this Agreement will automatically terminate and we will refund your Initial Franchise Fee, less our expenses associated with reviewing the proposed site(s). After we consent to an Office site you propose (if at all), you must open your Business at that site within six months. If you fail to do so, this Agreement will automatically terminate and your Initial Franchise Fee will not be refunded. We may, in our sole discretion, grant extensions of the deadlines described above. Our consent to a site is not a guarantee or assurance as to the availability, suitability or prospects of an Office or Business.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, a franchisee must select a site for their Office within 180 days of signing the Franchise Agreement. After the franchisee notifies Counselor Realty of the proposed site, Counselor Realty has 30 days to review the site and notify the franchisee whether they consent to the location.
If Counselor Realty rejects the proposed site, the franchisee has an additional 60 days to find a site that is acceptable to Counselor Realty. Failure to do so will result in the termination of the Franchise Agreement, with the Initial Franchise Fee refunded, less any expenses Counselor Realty incurred while reviewing the proposed sites.
Once Counselor Realty consents to a site, the franchisee must open their Counselor Realty business at that location within six months. Failure to do so will result in the termination of the Franchise Agreement, and the Initial Franchise Fee will not be refunded. Counselor Realty may, at its sole discretion, grant extensions to these deadlines. However, Counselor Realty's consent to a site does not guarantee the availability, suitability, or prospects of an Office or Business.