Where in the Counselor Realty Franchise Agreement can I find information about the acceptance of the franchise?
Counselor_Realty Franchise · 2025 FDDAnswer 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 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the acceptance of the franchise agreement is indicated by signing and returning a copy of the agreement. The document specifies that by signing, the franchisee represents and warrants that they are authorized to execute the agreement on behalf of the franchisee.
The franchise agreement includes signature lines for Counselor Realty Franchising, Inc. and the franchisee, along with spaces to print the names of the individuals signing for Counselor Realty. If the franchisee is a corporation or other entity, each person who is or becomes a stockholder or owner must also sign the agreement.
This requirement ensures that all parties involved acknowledge and agree to the terms and conditions outlined in the franchise agreement. It also confirms that the person signing has the legal authority to bind the franchisee to the agreement. Prospective franchisees should carefully review the agreement and ensure they understand all obligations before signing.