What is the purpose of the table listing franchisee obligations for Counselor Realty?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
pril 21, 2025, for the State of Wisconsin that included the following exhibits:
| A. B. C. | Financial Statements Franchise Agreement List of Franchises | D. E. | List of State Franchise Administrators State Addendum | ||
|---|---|---|---|---|---|
| Name | Signature | PROSPECTIVE FRANCHISEE (Print or type name of corporation or partnership) Date | |||
| 1. | |||||
| 2. | |||||
| 3. | |||||
| 4. | DISCLOSURE DOCUMENT AND MUST BE RETURNED IMMEDIATELY TO: Name, address and telephone number of the franchise seller offering the franchise: | THIS PAGE MUST BE SIGNED BY AN OFFICER OF A CORPORATION, THE GENERAL PARTNER(S) OF A PARTNERSHIP, OR ANY INDIVIDUAL RECEIVING A COPY OF THE FRANCHISE COUNSELOR REALTY FRANCHISING, INC. |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 16–17)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the table presented in Item 22, "Contracts", serves as an acknowledgment form for prospective franchisees. By signing and returning this form, the prospective franchisee confirms they have received and reviewed the disclosure document. This process is a standard practice in franchising, ensuring that franchisees are informed about the franchise agreement and their obligations before entering into a binding contract.
The table requires the prospective franchisee to provide their name, signature, and the date, thereby documenting their receipt of the FDD. If the franchisee is a corporation or other entity, each person who is or becomes a stockholder or owner must also sign the document. This ensures that all relevant parties within the franchisee's organization are aware of the franchise agreement's terms.
The form also includes a section for the franchisee to provide the name, address, and telephone number of the franchise seller offering the franchise. This information is essential for record-keeping and communication purposes. The completed form must be returned to Counselor Realty Franchising, Inc. at their specified address in Coon Rapids, Minnesota.