What specific date is printed on the Counselor Realty Franchise Disclosure Document receipt?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a Franchise Disclosure Document dated April 21, 2025 for the State of Wisconsin that included the following exhibits:
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the receipt included with the document is dated April 21, 2025. This date is specific to the Franchise Disclosure Document for the State of Wisconsin.
The inclusion of a specific date on the receipt serves as a record of when the FDD was provided to the prospective franchisee. This is important because federal and state laws mandate that franchisors provide the FDD to potential franchisees at least 14 calendar days before they sign any binding agreements or make any payments related to the franchise.
The purpose of this 14-day review period is to allow the prospective franchisee ample time to thoroughly review the document and seek professional advice. The receipt serves as evidence that Counselor Realty has met this legal obligation. If Counselor Realty fails to deliver the FDD on time or if the document contains false or misleading information, it could be a violation of federal and state law.