What is the deadline for Counselor Realty to notify the franchisee of its decision regarding the proposed site?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
You are responsible to select a site for your Office. After you notify Counselor of a proposed site, Counselor has 30 days to review the site and to notify you whether or not it consents to your operation of the Business at that site. If Counselor rejects the site you propose, you will have an additional 60 days to locate a site that is acceptable to Counselor. If you fail to do so, the Franchise Agreement will terminate and Counselor will refund your Initial Fee, less Counselor's expenses associated with reviewing the proposed site(s). See Item 12. Except as described in this paragraph, Initial Fees are nonrefundable.
Source: Item 5 — INITIAL FEES (FDD page 9)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, after a franchisee notifies Counselor Realty of a proposed site for their office, Counselor Realty has 30 days to review the site and notify the franchisee whether or not it consents to the operation of the business at that 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, and Counselor Realty will refund the initial franchise fee, less any expenses incurred while reviewing the proposed site(s).
After Counselor Realty approves 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. However, Counselor Realty may, at its sole discretion, grant extensions to these deadlines.