Who will disclose the Confidential Information to the employee in the Christies International Real Estate agreement?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit 5 Christie's International Real Estate Broker Affiliate License Agreement
FORM CONFIDENTIALITY AGREEMENT
(for employees with access to Confidential Information)
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, Exhibit 5 is a sample confidentiality agreement for employees with access to confidential information. While the FDD includes this form, it does not specify who within the Christies International Real Estate franchise organization is responsible for disclosing the confidential information to the employee.
Given that the franchisee is responsible for hiring and managing their own employees, it is likely the franchisee's responsibility to ensure their employees sign and adhere to the confidentiality agreement. This is a common practice in franchising, where franchisees manage day-to-day operations and ensure compliance with brand standards and legal requirements.
A prospective Christies International Real Estate franchisee should clarify with the franchisor the exact procedures and responsibilities related to the employee confidentiality agreement. Specifically, they should ask who is responsible for providing the confidential information to the employee, what training or guidance is provided on how to properly disclose this information, and what measures are in place to ensure ongoing compliance with the agreement.