factual

What documents are modified by the Washington Addendum for Christies International Real Estate?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

[Note for Washington Release – add the following to Section 1, at the end of the first sentence: "excluding only such claims arising under the Washington Franchise Investment Protection Act."]

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

What This Means (2025 FDD)

According to the 2025 Christies International Real Estate FDD, the Washington Addendum modifies Section 1 of Item 23, the Receipt. Specifically, it adds a clause at the end of the first sentence that excludes claims arising under the Washington Franchise Investment Protection Act from the release.

For a prospective franchisee in Washington, this means that while signing the standard release included in the franchise agreement, they are not waiving their rights to make claims under Washington's specific franchise laws. This ensures that franchisees in Washington retain the protections afforded to them by their state's franchise investment protection act, regardless of the general release they sign with Christies International Real Estate.

This type of addendum is important because state franchise laws vary, and franchisors often need to make specific modifications to their standard agreements to comply with these state-specific regulations. Franchisees should always carefully review any state-specific addenda to understand how their rights and obligations may differ from those in the standard franchise agreement.

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.