What items in the Christies International Real Estate Disclosure Document cover pre-opening purchases/leases?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
ct or perfect such ownership. You agree that your execution of this Agreement shall be deemed to be your power of attorney in favor of us to execute all such documents on your behalf to carry out and effectuate the purposes and intent of this provision.
- 7.9. Publicity. Except as required by law, you may not make any press release or other public announcement respecting the subject matter of this Agreement without our written consent as to the form of such press release or public announcement.
- 7.10. Office Sign. You must install one (1) or more exterior signs displaying your Trade Name on your Main Office and any Additional Offices. Your sign(s) must conform to the Brand Guidelines. The sign(s) utilizing our Marks must be installed within ninety (90) days from the Effective Date of this Agreement. You must obtain our prior written permission for any exception to the office sign requirements due to local ordinances or other reasons and you must provide written documentation reflecting the reasons for varying the signage.
**8.
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 24–26)
What This Means (2025 FDD)
Based on the 2025 Christie's International Real Estate Franchise Disclosure Document, Item 7.10 discusses the franchisee's obligation to install exterior signs displaying their Trade Name on the Main Office and any Additional Offices. These signs must adhere to the Brand Guidelines and be installed within ninety days from the Effective Date of the License Agreement. Any exceptions to these requirements due to local ordinances or other reasons require prior written permission from Christie's International Real Estate, along with written documentation supporting the need for the variance.
Additionally, section 1.4 covers the opening of additional offices. Franchisees may open additional offices as needed, provided they give Christie's International Real Estate prior written notification before entering into any binding agreement to lease, purchase, or otherwise occupy the Additional Office. Christie's International Real Estate retains the right to reject the location of the anticipated Additional Office.
These sections outline the requirements and procedures related to pre-opening purchases or leases, specifically concerning signage and additional office spaces. Franchisees should carefully review these sections to understand their obligations and the franchisor's rights regarding these matters.