Does Counselor Realty specify the location of the arbitration?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
The prevailing party in any arbitration regarding the Franchise Agreement is entitled to recover its costs including its reasonable attorneys' fees.
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
Based on the 2025 Counselor Realty Franchise Disclosure Document, the document does not specify the location of arbitration. However, the FDD does state that the prevailing party in any arbitration regarding the Franchise Agreement is entitled to recover its costs, including reasonable attorneys' fees.
Without a specified location, franchisees may need to negotiate this point during the franchise agreement process. The location of arbitration can significantly impact costs due to travel, accommodation, and local legal representation.
Prospective franchisees should inquire with Counselor Realty about the typical arbitration location and whether there is any flexibility in determining the venue. Understanding this aspect is crucial for assessing potential legal costs and logistical challenges that may arise during the franchise term.