factual

Who is responsible for zoning and land use permitting requirements for a Counselor Realty office?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

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  • A. Counselor estimates that you will need at least 800, but not more than 6,000, square feet of commercial space to operate your Business, depending on the number of agents you wish to employ. If you do not already own or lease the required space, you are responsible for locating and acquiring the space for your Office (subject to Counselor's consent to the site). The cost to purchase or lease real estate varies widely between locations. If you purchase your Office space, your cost will depend on the size and location of the space and the type of improvements you choose to make. If you lease Office space, we estimate that your cost (including improvements) could range from $10 per square foot per year to $35 per square foot per year or more. You are responsible at your cost for all zoning and land use permitting requireme

Source: Item 7 — INITIAL INVESTMENT (FDD pages 13–15)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, the franchisee is responsible for all zoning and land use permitting requirements for their office. The FDD states that if a franchisee does not already own or lease the required commercial space, they are responsible for locating and acquiring the space for their office, subject to Counselor Realty's consent to the site.

This means that prospective Counselor Realty franchisees must budget not only for the costs of leasing or purchasing space, but also for the expenses associated with ensuring the location complies with all local zoning and land use regulations. These costs can vary significantly depending on the location and the complexity of local regulations. The FDD estimates that the cost to lease office space, including improvements, could range from $10 to $35 or more per square foot per year.

It is important for prospective franchisees to conduct thorough due diligence to understand the zoning and land use requirements in their desired location and to factor these costs into their initial investment budget. They should also consult with local experts, such as attorneys or consultants, to ensure compliance with all applicable regulations. Failing to comply with zoning and land use requirements can result in fines, delays, or even the inability to open the Counselor Realty office.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.