Where in the Counselor Realty Disclosure Document are the receipt forms located?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPTS]
23. RECEIPTS
The last two pages of this Disclosure Document (following the exhibits and attachments) are documents acknowledging receipt of this Disclosure Document by you (one copy for you and one copy for us). The Receipt must be signed and dated and delivered to us at least 14 calendar days before the signing of the Franchise Agreement or payment of any fee by you.
EXHIBIT D
LIST OF STATE FRANCHISE ADMINISTRATORS
Source: Item 23 — RECEIPTS (FDD pages 32–70)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the receipt forms acknowledging that the franchisee has received the FDD are located on the last two pages of the document. These pages are positioned after all exhibits and attachments.
The FDD emphasizes the importance of these receipts. Prospective franchisees must sign and date the receipt forms and return one copy to Counselor Realty. This acknowledgement must occur at least 14 calendar days before the franchisee signs the Franchise Agreement or pays any fees to Counselor Realty.
This 14-day period is a standard practice in franchising, designed to give franchisees adequate time to review the FDD and seek professional advice before making a financial commitment. The franchisor needs to have on file the signed receipt, as proof that they complied with the disclosure requirements. Exhibit D provides a list of state franchise administrators.