Who must approve any additional affiliations that a Christies International Real Estate franchisee wishes to join?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
As of the date of the License Agreement, you will list any third-party affiliations that you are currently a member of on Exhibit 6 to the License Agreement. For any additional, subsequent, or substitute affiliations that you may wish to join, you must secure our approval in advance, and we will update Exhibit 6.
Source: Item 12 — TERRITORY (FDD pages 33–38)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, franchisees must secure approval from Christies International Real Estate before joining any additional, subsequent, or substitute affiliations. The approved affiliations will then be documented in Exhibit 6 of the License Agreement.
This requirement ensures that any affiliations a franchisee chooses to be a part of align with the standards and practices of Christies International Real Estate. It allows the franchisor to maintain brand consistency and manage potential conflicts of interest that may arise from affiliations with other organizations.
For a prospective franchisee, this means that they cannot independently join any real estate associations or networks without prior authorization from Christies International Real Estate. Failure to obtain approval could result in a breach of the franchise agreement. Therefore, it is crucial for franchisees to communicate with Christies International Real Estate regarding any affiliations they are considering and to follow the proper procedures for seeking approval. Franchisees should also review Exhibit 6 of the License Agreement to understand the affiliations that are already approved and the process for adding new ones.