What is the date provided in the sample Counselor Realty Franchise Disclosure Document receipt?

According to the 2025 Counselor Realty Franchise Disclosure Document, the sample receipt indicates that the Franchise Disclosure Document is dated April 21, 2025, for the State of Wisconsin. This date is important because federal and state laws require that Counselor Realty provide the Franchise Disclosure Document to prospective franchisees at least 14 calendar days before they sign a binding agreement or make any payments related to the franchise. This 14-day period allows potential franchisees adequate time to review the document and seek professional advice.

The receipt also serves as an acknowledgment that the prospective franchisee has received the Franchise Disclosure Document, which includes critical information about the Counselor Realty franchise opportunity. This includes financial statements, the franchise agreement, and lists of existing franchises, state franchise administrators, and any state-specific addenda.

If Counselor Realty fails to deliver the Franchise Disclosure Document on time or if the document contains false or misleading statements, or material omissions, it could constitute a violation of federal and state law. In such cases, the receipt advises that the matter should be reported to the Federal Trade Commission and the Wisconsin Commissioner of Securities. This provision underscores the importance of the Franchise Disclosure Document as a legal disclosure and protects the rights of prospective franchisees.