factual

What is the deadline for opening the Christies International Real Estate Business from 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 FDD, a new franchisee must complete development and commence operations of their business 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 franchisees to promptly establish their Christies International Real Estate business. The franchisee needs to secure a site, complete necessary build-out, and begin operations within this four-month window. This timeline ensures that franchisees are actively working towards launching their business and integrating into the Christies International Real Estate network.

Furthermore, the FDD states that the franchisee must install all outdoor and indoor signs with their Business name utilizing the Marks within 90 days from the Effective Date of the agreement. This indicates the importance of establishing a brand presence quickly. Failing to meet these deadlines could potentially lead to consequences outlined in the agreement, although the specific penalties for non-compliance are not detailed in the provided excerpts.

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.