Which section of the Counselor Realty Franchise Agreement addresses non-competition and non-solicitation covenants?

According to the 2025 Counselor Realty Franchise Disclosure Document, non-competition and non-solicitation covenants are addressed in Section 7.2 of the Franchise Agreement. Specifically, Section 7.2 outlines the franchisee's obligations during the term of the franchise, preventing direct or indirect involvement in any competing real estate brokerage service business within 50 miles of the franchised office. It also prohibits the solicitation of agents, employees, or independent contractors of Counselor Realty or any of its franchisees.

Furthermore, Section 7.2 also addresses non-competition covenants after the franchise is terminated or expires. It states that for 24 months post-termination, the franchisee cannot solicit agents, employees, or independent contractors of Counselor Realty or any of its franchisees.

These covenants are typical in franchise agreements to protect the franchisor's business model, customer relationships, and proprietary information. Prospective Counselor Realty franchisees should carefully review Section 7.2 to understand the full scope of these restrictions and their implications for future business activities, both during and after the franchise term.