factual

What is the franchisee's responsibility regarding the suitability of the site for a Christies International Real Estate business?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (f) You acknowledge and agree any approval or recommendation of a site or location for your Business is not a representation or warranty of any kind, express or implied, of the suitability of the site for a CHRISTIE'S INTERNATIONAL REAL ESTATE business or any other purpose.

Our recommendation indicates only that we believe that the site meets our then acceptable criteria.

In addition, any recommendations, suggestions, or approvals of a proposed site are not a warranty, guarantee or representation that the site will achieve any level or amount of sales, revenue or profit as a CHRISTIE'S INTERNATIONAL REAL ESTATE business location.

You acknowledge and agree that your acceptance of the obligation to develop the CHRISTIE'S INTERNATIONAL REAL ESTATE business is based on your own independent investigation of the suitability of the site for the CHRISTIE'S INTERNATIONAL REAL ESTATE business.

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

What This Means (2025 FDD)

According to the 2025 Christies International Real Estate FDD, franchisees are ultimately responsible for determining if a site is suitable for their business. While Christies International Real Estate may offer site selection guidelines and approve or recommend a location, this does not constitute a warranty or guarantee of the site's suitability or potential profitability. The franchisee must conduct their own independent investigation to assess whether the site meets their needs and business goals.

Christies International Real Estate requires franchisees to obtain written consent for their proposed site and operate the business only from an approved location. The franchisor retains the right to terminate the agreement if a franchisee fails to secure an approved site. Before signing any lease or purchase agreement, franchisees must submit a copy to Christies International Real Estate for written approval, which will not be unreasonably withheld. Franchisees are also responsible for ensuring the premises comply with all applicable laws, ordinances, building codes, and licensing requirements, as well as obtaining any necessary permits.

Furthermore, franchisees must submit their office layout plans to Christies International Real Estate for approval, which will be granted or denied within 14 days. Once the layout is approved, the franchisee is responsible for remodeling the premises and installing furniture, fixtures, and equipment accordingly. If a franchisee wishes to relocate their office, they must obtain prior written consent from Christies International Real Estate, and the new location must comply with all applicable provisions and standards. This comprehensive process ensures that franchisees take full responsibility for site selection and development while adhering to Christies International Real Estate's standards and guidelines.

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.