Which section of the Counselor Realty Franchise Agreement specifies the insurance requirements for Counselor Realty franchisees?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
NT.
| Obligation | Section in Franchise Agreement | Disclosure Document Item |
|---|---|---|
| a. |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 17–21)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the insurance requirements for franchisees are detailed in Section 8.2 of the Franchise Agreement. This information is found in Item 11 of the FDD, which outlines the franchisor's assistance, advertising, computer systems, and training provided to franchisees.
Specifically, Item 11 includes a table that cross-references various franchisee obligations with the corresponding sections in the Franchise Agreement and relevant items in the Disclosure Document. This table serves as a quick reference guide for franchisees to locate specific information related to their obligations.
For Counselor Realty franchisees, understanding the insurance requirements is crucial for protecting their business and mitigating potential risks. By referring to Section 8.2 of the Franchise Agreement, franchisees can ensure they comply with the franchisor's mandated insurance coverage, as further detailed in Item 7 of the FDD.