factual

What is the deadline to commence operations of the Christies International Real Estate business after the Effective Date?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

You must complete the development and commence operations of the Business within 120 days of the Effective Date.

You shall have 90 days from the Effective Date of this Agreement to install all outdoor and indoor signs with your Business name utilizing the Marks.

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

What This Means (2025 FDD)

According to the 2025 Christies International Real Estate Franchise Disclosure Document, a new franchisee must complete development and commence business operations within 120 days of the Effective Date of the Broker Affiliate License Agreement. The 'Effective Date' is defined in the agreement as the date it is made and entered into by both Christies International Real Estate, LLC and the franchisee.

This requirement sets a clear expectation for the franchisee to promptly establish their Christies International Real Estate business. It ensures that franchisees do not delay in launching their operations, which could negatively impact the brand's presence and revenue generation. The franchisee must also receive prior written approval from Christies International Real Estate before commencing operations.

In addition to commencing operations, the franchisee has 90 days from the Effective Date to install all outdoor and indoor signs with their Business name utilizing the Marks. This dual deadline means that franchisees need to coordinate site development, business setup, and branding efforts within a condensed timeframe. Failing to meet these deadlines could potentially lead to a breach of the franchise agreement.

Prospective franchisees should carefully consider these timelines and ensure they have a well-structured plan to meet these obligations. This includes securing necessary permits, completing site improvements, hiring staff, and implementing marketing strategies to launch the Christies International Real Estate business successfully within the stipulated timeframe.

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.