Where in the Counselor Realty Franchise Agreement can I find information about insurance requirements?
Counselor_Realty Franchise · 2025 FDDAnswer 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, details regarding insurance requirements can be found in Section 8.2 of the Franchise Agreement. Item 7 of the FDD also contains information about insurance. This is according to the table that cross-references obligations with sections in the Franchise Agreement and corresponding items in the Disclosure Document.
This means that as a prospective Counselor Realty franchisee, you should carefully review Section 8.2 of the Franchise Agreement and Item 7 of the FDD to understand the specific types and amounts of insurance coverage you will be required to maintain during the term of your franchise agreement. Understanding these requirements is crucial for managing risk and ensuring compliance with the franchise agreement.
It is important to note that the FDD only indicates where to find the information. The FDD does not describe the specific insurance types or coverage amounts that Counselor Realty requires. Therefore, prospective franchisees should carefully review the referenced sections of the Franchise Agreement and consult with an insurance professional to ensure they can meet these requirements and understand the associated costs.