Does the Counselor Realty FDD specify that the receipt must be delivered before paying any fee?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
. At the beginning of each month, we will send you an invoice for the amount of the Mobile App Fee you owe us for the prior month, and you must pay us the amount of such Mobile App Fee on or before the 20th day of such month.
- G. Counselor may provide you with or require you to utilize such technology related tools (including, but not limited to, mobile applications and other internet or software-based applications) and services relating to the Business as its determines from time to time in its sole discretion. See Item 11.
Source: Item 23 — RECEIPTS (FDD pages 32–70)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the FDD does not explicitly state that a receipt must be delivered before paying any fee. However, the document does specify when certain fees are due. For example, the Mobile App Fee is invoiced monthly, with payment due by the 20th of the month. Similarly, Advertising Fees and Website Fees are due by the 20th day of each month.
For the Mobile App Fee and Website Fee, Counselor Realty will send an invoice at the beginning of each month for the amount owed for the prior or current month, and payment is due by the 20th of that month. This suggests that franchisees will receive an invoice or notification of the fee amount before the payment is required.
While the FDD does not provide explicit details on receiving a receipt before payment for all fees, it does outline the invoicing and payment schedule for specific fees like the Mobile App Fee and Website Fee. A prospective franchisee should clarify with Counselor Realty the process for all fees to ensure they understand when and how they will be billed and when payment is expected.