What is the purpose of the signature on the Counselor Realty Franchise Agreement?

According to the 2025 Counselor Realty Franchise Disclosure Document, signing the Franchise Agreement indicates your acceptance of the agreement's terms. By signing, you confirm that you are authorized to execute the agreement on behalf of the franchisee. If the franchisee is a corporation or other entity, each person who is or becomes a stockholder or owner must also sign the agreement.

The Franchise Agreement includes key details such as the effective date, the parties involved (Counselor Realty Franchising, Inc. and the franchisee), and the franchisee's business name and office address. It also specifies that the franchisee represents and warrants their authorization to execute the agreement.

Furthermore, the signature serves as an acknowledgment that the prospective franchisee has received and reviewed the Franchise Disclosure Document (FDD). The FDD must be returned to Counselor Realty, and the signature confirms that an officer of a corporation, a general partner of a partnership, or any individual receiving a copy of the franchise disclosure has signed the document. This signature is a critical step in the franchising process, ensuring both parties are legally bound and aware of their respective obligations.