factual

Does the Counselor Realty FDD specify if the receipt needs to be notarized?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

PLEASE INDICATE YOUR ACCEPTANCE BY SIGNING AND RETURNING THIS COPY OF THIS AGREEMENT. YOU REPRESENT AND WARRANT THAT YOU ARE AUTHORIZED TO EXECUTE THIS AGREEMENT FOR THE FRANCHISEE.

Source: Item 23 — RECEIPTS (FDD pages 32–70)

What This Means (2025 FDD)

The 2025 Counselor Realty Franchise Disclosure Document does not explicitly state that the receipt of the agreement needs to be notarized. However, the FDD does include a signature section for the franchisee to indicate acceptance of the agreement. It states that by signing and returning the copy of the agreement, the franchisee represents and warrants that they are authorized to execute the agreement for the franchisee.

The signature section includes spaces for the Counselor Realty Franchising, Inc. representative to print and sign their name, as well as the franchisee's business name and office address. There are also spaces for the first and second persons signing for the franchisee to sign and print their names.

Additionally, the FDD includes a note indicating that if the franchisee is a corporation or other entity, each person who is or becomes a stockholder or owner must sign below. While notarization is not mentioned, the detailed signature requirements suggest the importance of proper authorization and representation when executing the agreement. A prospective franchisee should consult with legal counsel to ensure full compliance.

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.