factual

What should a Counselor Realty franchisee not rely upon when entering into the agreement?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

CAUTION

ANY FACT, INFORMATION, PROMISE, ASSURANCE, REPRESENTATION OR CIRCUMSTANCE COMMUNICATED TO YOU THAT IS NOT CONTAINED IN THE ATTACHED AGREEMENT OR THIS FRANCHISE DISCLOSURE DOCUMENT IS UNAUTHORIZED BY COUNSELOR AND SHOULD NOT BE RELIED UPON BY YOU IN DECIDING WHETHER TO PURCHASE A COUNSELOR FRANCHISE.

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, a prospective franchisee should not rely on any facts, information, promises, assurances, representations, or circumstances communicated to them that are not explicitly contained within the Franchise Agreement or the Franchise Disclosure Document itself. This is a standard clause in franchise agreements designed to protect the franchisor from claims based on verbal or undocumented promises made during the sales process.

Counselor Realty emphasizes that only the information presented in these official documents is authorized and should be considered when making the decision to invest in a franchise. This means that any discussions, presentations, or materials outside of these documents should be viewed with caution and verified against the official documentation.

This provision aims to ensure that franchisees make informed decisions based on verified information, reducing the potential for misunderstandings or disputes later on. It is the franchisee's responsibility to carefully review the FDD and Franchise Agreement and seek clarification on any points of concern before signing the agreement. Prospective franchisees should also consult with legal and financial advisors to fully understand the implications of the agreement.

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.