In the Christies International Real Estate Affiliate Disclosure Questionnaire, what is the 'Licensor' referring to?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, Christie's International Real Estate, LLC (the "Licensor") and you are preparing to enter into a Broker Affiliate License Agreement (the "Agreement") for the establishment and operation of an "CHRISTIE'S INTERNATIONAL REAL ESTATE" business (the "Business"). The purpose of this Questionnaire is to determine whether any statements or promises were made to you that the Licensor has not authorized and that may be untrue, inaccurate, or misleading. Please review each of the following questions and statements carefully and provide honest and complete responses to each.
A goal in asking you these questions is to be confident that you are prepared to become a CHRISTIE'S INTERNATIONAL REAL ESTATE franchisee, that you understand the risks of owning your own business, and that we have complied with our obligations in providing you with the information required by law.
We may, in lieu of requesting that you review and sign this Questionnaire, review these questions with you during our pre closing meeting, and may take notes of your verbal responses for our records.
For California prospective franchisees: You are not required to sign this Affiliate Disclosure Questionnaire.
For Maryland prospective franchisees: Do not sign if the franchisee is a Maryland resident or if the franchised business will be located within the State of Maryland.
For Washington prospective franchisees: Do not sign this Affiliate Disclosure Questionnaire if you are a Washington resident or the Business will be located in Washington.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–53)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, the 'Licensor' refers to Christie's International Real Estate, LLC. This is clarified within the Affiliate Disclosure Questionnaire, which is designed to ensure prospective franchisees understand the terms and risks associated with the franchise agreement.
The questionnaire aims to confirm that no unauthorized promises have been made to the franchisee and that they are fully aware of their obligations and the information provided by Christies International Real Estate. It also serves to document that Christies International Real Estate has met its legal obligations in providing necessary disclosures.
Prospective franchisees in California, Maryland, and Washington have specific instructions regarding the questionnaire. California franchisees are not required to sign it, while Maryland and Washington franchisees should not sign if they are residents of those states or if the franchised business will be located there. This suggests that there may be state-specific regulations or considerations that Christies International Real Estate needs to address in these locations.