According to the 2025 Counselor Realty Franchise Disclosure Document, the franchisee must maintain and provide Counselor Realty with specified information, reports, books, and records concerning the Office and Business. These records must be provided on specified forms or media periodically. Counselor Realty is allowed to inspect, copy, and audit these records both at the Office and remotely through electronic means. If the franchisee is a partnership, corporation, or other entity, they must provide copies of organizational documents, including articles of incorporation, bylaws, operating agreement, or partnership agreement, along with a breakdown of ownership. The franchisee must promptly report any claims involving the Business and any changes in the franchisee's organizational documents to Counselor Realty.

This requirement ensures that Counselor Realty can monitor the financial health and operational compliance of its franchisees. By mandating specific record-keeping and reporting procedures, Counselor Realty aims to maintain consistency and transparency across its franchise network. The ability to inspect and audit records allows Counselor Realty to verify the accuracy of the reported information and identify any potential issues or discrepancies.

For a prospective Counselor Realty franchisee, this means they must be prepared to maintain detailed and accurate financial records and be transparent with Counselor Realty regarding their business operations and organizational structure. Failure to comply with these requirements could result in penalties or termination of the franchise agreement. Therefore, it is crucial for franchisees to understand and adhere to the financial standards set forth by Counselor Realty.