What is the purpose of the Wisconsin Addendum to the Counselor Realty Franchise Agreement?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT E
WISCONSIN ADDENDUM COUNSELOR REALTY FRANCHISING, INC. FRANCHISE DISCLOSURE DOCUMENT AND FRANCHISE AGREEMENT
Chapter 135, Stats., the Wisconsin Fair Dealership Law, supersedes any provision of the Franchise Agreement that is inconsistent with that law.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the Wisconsin Addendum is included to ensure compliance with Wisconsin state law. Specifically, the Wisconsin Fair Dealership Law, Chapter 135, Stats., takes precedence over any conflicting terms in the standard Counselor Realty Franchise Agreement. This means that if any provision in the franchise agreement clashes with the Wisconsin Fair Dealership Law, the state law will govern the relationship between Counselor Realty and the franchisee in Wisconsin.
This addendum is important for prospective franchisees in Wisconsin because it clarifies that their rights are protected by Wisconsin law, regardless of what the standard franchise agreement might say. It ensures that the franchise agreement adheres to the specific legal requirements and protections afforded to franchisees in Wisconsin.
It is a common practice in franchising to include state-specific addenda to franchise agreements to address variations in state laws. These addenda modify the standard agreement to comply with local regulations, providing clarity and legal certainty for both the franchisor and the franchisee. Franchisees should carefully review any state-specific addenda to understand how they modify the standard franchise agreement in their particular state.