What information is included in Exhibit A of the Counselor Realty Franchise Agreement?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
undertakings herein, the parties agree:
1. FRANCHISE.
1.1 Grant.
- (a) We grant you a non-exclusive license to use the System and the Marks to operate one real estate brokerage business (the "Business") at a single site you select, and to which we consent (the "Office"), within the geographic territory designated in Exhibit A to this Franchise Agreement (the "Territory"). You must obtain Counselor's written consent prior to opening or operating any additional Office locations.
- (b) You may apply to open one or more additional offices within your designated Territory (an "Additional Office") by submitting a request to Counselor describing the location of such proposed Additional Office as well as any additional information Counselor may require or request, along with one-time fee of $750 for each Additional Office location (the "Additional Office Application Materials"). After Counselor's receipt of such Additional Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Additional Office Application Materials and proposed Additional Office location and notify you whether or not Counselor consents to your opening of such Additional Office location. Any Additional Office we consent to must comply with all requirements of the Franchise Agreement and then-current System standards.
- (c) You may apply to open one or more additional offices outside of your designated Territory (an "Extension Office") by submitting a request to Counselor describing the location of such proposed Extension Office as well as any additional information Counselor may require or request, along with a one-time fee of $750 for each Extension Office location (the "Extension Office Application Materials"). After Counselor's receipt of such Extension Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Extension Office Application Materials and proposed Extension Office location and notify you whether or not Counselor consents to your opening of such Extension Office location. Counselor's consent to any Extension Office location will be contingent on you and Counselor reaching a mutual agreement as to the minimum number of sales agents that will operate from the Extension Office. Any Extension Office we consent to must comply with all requ
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, Exhibit A to the Franchise Agreement designates the geographic territory granted to the franchisee. Specifically, Section 1.1(a) of the Franchise Agreement states that Counselor Realty grants the franchisee a non-exclusive license to operate a real estate brokerage business at a single site within the geographic territory designated in Exhibit A.
In practical terms, Exhibit A defines the area where a franchisee can operate their Counselor Realty business. This territory is not exclusive, meaning Counselor Realty could potentially grant other franchises in the same area. The franchisee must obtain written consent from Counselor Realty to open or operate any additional office locations.
The Franchise Agreement outlines the process for opening additional offices, both within (Additional Office) and outside (Extension Office) the designated territory. Applying for either type of additional office requires submitting a request to Counselor Realty, including the location and any other required information, along with a one-time fee of $750 for each location. Counselor Realty then has 30 days to review the application and notify the franchisee of their decision. For Extension Offices outside the designated territory, Counselor Realty's consent is contingent on reaching a mutual agreement regarding the minimum number of sales agents that will operate from the Extension Office.