Does the franchise agreement for Christies International Real Estate have to comply with state law?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- **5.14.
Compliance with Laws and Good Business Practices**.
You must secure and maintain in force all required licenses, permits and certificates relating to the operation of the Business and must operate the Business in full compliance with all applicable laws, ordinances and regulations.
You must ensure the Responsible Broker and all other employees and agents obtain and maintain, for the duration they are affiliated with the Business, all licenses, permits, certifications required by applicable law.
You must comply with all laws and regulations relating to privacy and data protection and must comply with any privacy policies or data protection and breach response policies we periodically may establish.
You must notify us in writing within 24 hours of the commencement of any action, suit, proceeding or investigation, and of the issuance of any order, injunction, or award of decree by any court, agency, or other governmental instrumentality, that may adversely affect the operation or financial condition of you or the Business.
You must notify us immediately of any suspected data breach at or in connection with the Business.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, the franchisee is responsible for ensuring their business operates in accordance with the law of the state, county, city, and town in which they operate. This means a Christies International Real Estate franchisee must adhere to all applicable state and local laws and regulations.
This requirement extends to securing and maintaining all required licenses, permits, and certificates necessary for the business's operation. Furthermore, the franchisee must ensure that the Responsible Broker and all other employees and agents obtain and maintain all licenses, permits, and certifications required by applicable law for the duration of their affiliation with the business.
Additionally, the franchisee must comply with all laws and regulations relating to privacy and data protection, including any privacy policies or data protection and breach response policies that Christies International Real Estate may periodically establish. This includes notifying Christies International Real Estate in writing within 24 hours of any action, suit, proceeding, or investigation that may adversely affect the business's operation or financial condition, as well as immediately reporting any suspected data breach.