When are legal fees payable for a Counselor Realty franchise?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
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| (1) Name of Fee | (2) Amount | (3) Due Date | (4) Remarks |
|---|---|---|---|
| Base Monthly Fee | $371 per month | Payable monthly by the 20th day of |
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, legal fees are payable 'when billed.' This means that as a franchisee, you will be responsible for paying legal fees as they are incurred and invoiced to you by Counselor Realty.
This arrangement is fairly standard in franchising, where franchisees often bear the costs of legal services they utilize. The FDD does not specify what these legal fees might cover, but Item 6 generally lists 'other fees' that a franchisee may be responsible for.
It is important for a prospective Counselor Realty franchisee to understand the circumstances under which legal fees might be incurred and to budget accordingly. Because the FDD does not provide further detail, a prospective franchisee should ask Counselor Realty for examples of situations that could trigger these legal fees to better prepare for these potential costs.