What section of the Counselor Realty Franchise Agreement addresses modification of the agreement?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
MENT**
| Provision | Section(s) in Franchise or Other Agreement | Summary |
|---|---|---|
| j. Assignment of contract by franchisor | Section 9.4 | Counselor may transfer its interest in Franchise Agreement by notice to you |
| k. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 25–29)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, Section 13.2 of the Franchise Agreement addresses the modification of the agreement. Generally, no modifications are allowed. However, Counselor Realty retains the right to change the Franchise Policy Guidelines and licensed Marks.
This means that while the core Franchise Agreement is intended to remain stable, Counselor Realty can unilaterally update its operational guidelines and branding elements. For a franchisee, this implies a need to stay adaptable to changes in how the business is run and presented to the public.
Prospective franchisees should carefully consider the implications of these potential changes and inquire about the frequency and nature of past modifications to the Franchise Policy Guidelines and licensed Marks. Understanding the scope of these changes is crucial for assessing the long-term stability and adaptability of the Counselor Realty franchise.