factual

Which section of the Counselor Realty Franchise Agreement details the franchisee's obligation to provide indemnification?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

NT.

Obligation Section in Franchise Agreement Disclosure Document Item
a.

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 franchisee's indemnification obligations are detailed in Section 8.3 of the Franchise Agreement. Indemnification generally requires the franchisee to protect Counselor Realty from losses, damages, or liabilities resulting from the franchisee's business operations.

This obligation means that as a Counselor Realty franchisee, you may be required to cover legal costs, settlements, or judgments that arise from claims or lawsuits related to your franchise. These claims could stem from various aspects of your business, including but not limited to, the actions of your agents, property management issues, or contractual disputes.

Understanding the scope of indemnification is crucial for prospective franchisees. It is important to carefully review Section 8.3 of the Franchise Agreement to fully understand the circumstances under which you would be required to indemnify Counselor Realty. Prospective franchisees should seek legal counsel to clarify their responsibilities and potential liabilities under this clause.

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.