What is the deadline for a Christies International Real Estate franchisee to open the Business to avoid termination?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
If you must relocate the Main Office and/or an Additional Office because it was destroyed, condemned, or otherwise became untenantable by fire, flood, or other casualty, you must reopen the replacement office within 90 days after you discontinue operation at the prior office.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 43–47)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, if a franchisee must relocate their Main Office and/or an Additional Office because it was destroyed, condemned, or otherwise became untenantable by fire, flood, or other casualty, they must reopen the replacement office within 90 days after they discontinue operation at the prior office.
This clause protects both the franchisee and the franchisor. It ensures business continuity for the franchisee, allowing them to resume operations as quickly as possible after an unforeseen event. For Christies International Real Estate, it minimizes disruption to their brand presence and service delivery in the affected area.
However, the FDD does not specify a deadline for opening the business under normal circumstances. A prospective franchisee should clarify with Christies International Real Estate the standard timeframe expected for opening a new franchise location, as this information is crucial for planning and securing necessary resources.