What is considered 'Records' as defined by Christies International Real Estate?

According to Christies International Real Estate's 2025 Franchise Disclosure Document, the term 'records' is mentioned in the context of retaining a copy of the franchise disclosure document. Christies International Real Estate requires prospective franchisees to sign, date, and retain a copy of the disclosure document for their records.

This requirement ensures that the franchisee acknowledges receipt of the FDD, which summarizes key provisions of the License Agreement and other important information. The FDD is intended to be read carefully by the prospective franchisee, along with all related agreements, before making any commitments.

Christies International Real Estate emphasizes the importance of this document by stating that failure to deliver it on time, or if it contains false or misleading statements or material omissions, could constitute a violation of federal and state laws. This highlights the legal significance of the FDD and the franchisee's need to maintain a copy for their records.