factual

Does the Christies International Real Estate agreement specify who bears the costs of their own travel for the mediation?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

You are solely responsible for the compensation, travel, lodging and living expenses incurred by your Trainees and any required additional individuals in attending the initial training program and any additional trainings required.

You are responsible for the compensation, travel, lodging and living expenses your Trainees and additional individuals incur in attending any additional training.

Source: Item 23 — RECEIPT (FDD pages 54–177)

What This Means (2025 FDD)

Based on the 2025 Christies International Real Estate Franchise Disclosure Document, the agreement does not explicitly state who is responsible for travel costs associated with mediation. However, the FDD does outline who is responsible for travel costs associated with initial and ongoing training.

Specifically, the Christies International Real Estate agreement states that the franchisee is solely responsible for the compensation, travel, lodging, and living expenses incurred by their trainees and any required additional individuals in attending the initial training program and any additional training required. This includes the Responsible Broker, Office Broker, Marketing Director, and Agent Support Director for the Main Office and each Additional Office.

While the FDD does not address mediation travel costs, it is reasonable to assume that franchisees are generally responsible for their own expenses unless explicitly stated otherwise in the agreement. A prospective Christies International Real Estate franchisee should seek clarification from the franchisor regarding responsibility for travel and lodging expenses related to mediation to fully understand their potential financial obligations.

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.