Which sections of the Counselor Realty Franchise Agreement detail the post-termination obligations of a Counselor Realty franchisee?

According to Counselor Realty's 2025 Franchise Disclosure Document, the post-termination obligations of a franchisee are detailed in Section 7.2 and Article 12 of the Franchise Agreement. This information is also referenced in Item 17 of the disclosure document.

Understanding these post-termination obligations is crucial for any prospective Counselor Realty franchisee. These sections outline what a franchisee must do after the franchise agreement ends, whether through expiration, termination by the franchisor, or termination by the franchisee. These obligations often include ceasing use of Counselor Realty's trademarks, returning confidential information, and potentially adhering to non-compete agreements.

Item 17 of the FDD typically provides a summary of these obligations, but the specific details are found within the referenced sections of the Franchise Agreement itself. Therefore, a potential franchisee should carefully review Section 7.2 and Article 12 of the Franchise Agreement to fully understand their responsibilities upon termination. This includes understanding the scope and duration of any non-compete clauses and the procedures for transferring customer data or ceasing operations.

Prospective franchisees should consult with a legal professional to fully understand the implications of these post-termination obligations before signing the Franchise Agreement. This will help ensure they are prepared for the end of the franchise relationship and can avoid potential legal disputes with Counselor Realty.