Under what conditions can the license between Counselor Holding and Counselor Realty be terminated?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Counselor Holding licenses Counselor indefinitely to operate, and to offer third parties franchises to operate, real estate brokerage service businesses under the "Counselor" name and Marks. Either party may terminate the license on 60 days' notice; if the license is terminated, all franchise agreements will remain in effect and will be assigned to Counselor Holding.
Source: Item 13 — TRADEMARKS (FDD pages 23–24)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the license agreement between Counselor Holding and Counselor Realty for operating and franchising real estate brokerage services under the "Counselor" name can be terminated by either party.
The FDD specifies that either Counselor Holding or Counselor Realty can terminate the license agreement by providing a 60-day notice to the other party. This means that the agreement is not perpetually binding and can be dissolved with sufficient advance warning.
Importantly, the FDD states that if the license between Counselor Holding and Counselor Realty is terminated, all existing franchise agreements will remain in effect. Furthermore, these franchise agreements will be assigned to Counselor Holding. This provision protects the interests of existing franchisees, ensuring their agreements continue uninterrupted even if the primary licensing agreement is terminated.