factual

What is the subject of the addendum in Exhibit E of the Counselor Realty Franchise Agreement?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT E

WISCONSIN ADDENDUM COUNSELOR REALTY FRANCHISING, INC. FRANCHISE DISCLOSURE DOCUMENT AND FRANCHISE AGREEMENT

Chapter 135, Stats., the Wisconsin Fair Dealership Law, supersedes any provision of the Franchise Agreement that is inconsistent with that law.

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

According to the 2025 Counselor Realty Franchise Disclosure Document, Exhibit E contains a Wisconsin addendum that addresses the Wisconsin Fair Dealership Law. Specifically, the addendum states that Chapter 135 of Wisconsin Statutes, known as the Wisconsin Fair Dealership Law, takes precedence over any conflicting provisions in the Counselor Realty Franchise Agreement.

This means that if any part of the standard Counselor Realty franchise agreement clashes with the Wisconsin Fair Dealership Law, the state law will be the governing rule for franchises operating in Wisconsin. This is to protect franchisees in Wisconsin, ensuring that the franchise agreement adheres to the state's dealership regulations.

Prospective franchisees in Wisconsin should carefully review both the franchise agreement and Chapter 135 of the Wisconsin Statutes to understand their rights and obligations. It is advisable to seek legal counsel to fully comprehend the implications of the Wisconsin Fair Dealership Law on their Counselor Realty franchise.

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.