What documents outline the terms and conditions for operating a Christies International Real Estate business?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
NOW, THEREFORE, for value received, you and we ("the Parties") agree as follows:
1. GRANT
- 1.1. Grant. Subject to the provisions contained in this Agreement, including all exhibits and related documents, and Operations Manual, we grant you a non-exclusive license to own and operate a CHRISTIE'S INTERNATIONAL REAL ESTATE business (the "Business"). The physical address of your Business ("Main Office") must be located within the Protected Territory and approved by us in writing before you can begin to operate your Business. Your Main Office and the Protected Territory are identified in Exhibit 1 to this Agreement. You may not relocate your Main Office without our prior written consent, as described in Section 5.2 of this Agreement.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate FDD, the terms and conditions for operating a Christies International Real Estate business are primarily outlined in the Franchise Agreement, including all exhibits and related documents, and the Operations Manual. The Franchise Agreement grants a non-exclusive license to operate a Christies International Real Estate business, contingent upon the provisions and conditions detailed within the agreement itself.
The physical address of the business, referred to as the "Main Office," must be located within a Protected Territory and receive written approval from Christies International Real Estate before operations can commence. The specifics of the Main Office location and the Protected Territory are identified in Exhibit 1 of the Franchise Agreement. Any relocation of the Main Office requires prior written consent from Christies International Real Estate, as stipulated in Section 5.2 of the agreement.
Furthermore, the Operations Manual contains additional guidelines and limitations that franchisees must adhere to. These may include certain territorial policies that Christies International Real Estate establishes or modifies periodically. Franchisees are also obligated to comply with all applicable laws, ordinances, and regulations related to the operation of the business, including securing and maintaining all required licenses, permits, and certifications. The Franchise Agreement and Operations Manual collectively define the scope of rights and responsibilities for Christies International Real Estate franchisees.