factual

Which Disclosure Document item covers the transfer of a Counselor Realty franchise?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

NT.

Obligation Section in Franchise Agreement Disclosure Document Item
a.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 17–21)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, Item 17 covers the transfer of a franchise. The table provided in Item 11 cross-references various obligations with their corresponding sections in the Franchise Agreement and relevant Disclosure Document Items. Specifically, it indicates that the 'Transfer' obligation, detailed in Article 9 of the Franchise Agreement, is addressed in Item 17 of the Disclosure Document.

This means that prospective Counselor Realty franchisees can find information regarding the conditions, procedures, and any associated fees or requirements for transferring their franchise to another party within Item 17 of the FDD. This is a crucial section for franchisees to review, as it outlines their rights and responsibilities should they decide to sell their franchise in the future.

Understanding the transfer process is essential for any franchisee, as it impacts their ability to exit the business and realize any potential value from their investment. Item 17 will likely cover topics such as franchisor approval, transfer fees, training requirements for the new franchisee, and any other conditions that must be met for the transfer to be approved. Reviewing this section carefully allows potential franchisees to make informed decisions about their investment and future options.

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.