Where can I find more detailed information about my obligations as a Christies International Real Estate franchisee?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPT]
EXHIBIT K
TO THE CHRISTIE'S INTERNATIONAL REAL ESTATE FDD RECEIPTS
RECEIPT
This disclosure document summarizes certain provisions of the License Agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Christie's International Real Estate, LLC offers you a franchise, we must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, us or an affiliate in connection with the proposed franchise sale.
Iowa requires that we give you this Disclosure Document at the earlier of the first personal meeting or 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
Michigan requires that we give you this Disclosure Document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
New York requires that we give you this Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If we do not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and State law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agency listed on Exhibit B.
The franchisor is Christie's International Real Estate, LLC located at 806 N. Peoria St., Chicago, Il 60642. Its telephone number is (312) 254-0200. Its franchise and Affiliate development office, and franchise sellers, are located at 806 N. Peoria, Chicago, IL 60642.
Issuance Date: April 30, 2025
The franchise seller for this offering is:
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 24–26)
What This Means (2025 FDD)
According to the 2025 Christie's International Real Estate FDD, Item 23, titled "RECEIPT," states that the disclosure document summarizes certain provisions of the License Agreement and other information in plain language. It emphasizes the importance of carefully reading the disclosure document and all agreements. This suggests that the License Agreement itself contains detailed information about a franchisee's obligations.
Item 23 further indicates that Christie's International Real Estate, LLC must provide the disclosure document to prospective franchisees at least 14 calendar days before they sign a binding agreement or make a payment. Some states, like Iowa, require this document to be provided at the earlier of the first personal meeting or 14 calendar days before signing or payment. Michigan requires at least 10 business days, and New York requires the earlier of the first personal meeting or 10 business days before signing or payment.
Item 23 also advises that if the disclosure document is not delivered on time, contains false or misleading statements, or has material omissions, it could be a violation of federal and state law, which should be reported to the Federal Trade Commission and the relevant state agency listed on Exhibit B. The franchisor, Christie's International Real Estate, LLC, is located in Chicago, IL, and their contact information is provided. The issuance date of the FDD is April 30, 2025. Therefore, a prospective franchisee should carefully review the License Agreement and all associated documents for a comprehensive understanding of their obligations and rights.