What is the legal structure of Christies International Real Estate, LLC?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a Delaware limited liability company. We incorporated on June 2, 1995, and we converted from a corporation to a limited liability company on December 1, 2021. Our principal business address is 806 N. Peoria St., Chicago, IL 60642. We do business as "Christie's International Real Estate." Between 2011 and December 2021, we went by the name Christie's International Real Estate, Inc. Prior to 2011, we went by the name Christie's Great Estates Inc. Exhibit B contains our agents for service of process.
We offer franchises for the right to operate a full-service residential real estate brokerage business using the Marks, including CHRISTIE'S INTERNATIONAL REAL ESTATE, pursuant to a Broker Affiliate License Agreement (the "Business"). We began offering these CHRISTIE'S INTERNATIONAL REAL ESTATE franchises in March 2022. We have not offered franchises in any other line of business. We have never operated a Business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–11)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Christies International Real Estate, LLC is a Delaware limited liability company. The company was originally incorporated on June 2, 1995, and later converted from a corporation to a limited liability company on December 1, 2021. The principal business address for Christies International Real Estate is 806 N. Peoria St., Chicago, IL 60642. The company operates under the business name "Christie's International Real Estate."
This information is crucial for prospective franchisees as it clarifies the legal entity they are entering into an agreement with. Understanding the franchisor's legal structure can provide insights into its stability, liability, and overall business practices. Knowing that Christies International Real Estate is a limited liability company means that the franchisee's personal assets are typically protected from business debts and lawsuits, which is a common and reassuring structure in the franchise industry.
Furthermore, the FDD specifies that Christies International Real Estate began offering franchises in March 2022 for full-service residential real estate brokerage businesses. This detail helps potential franchisees understand the timeline and experience of the franchisor in the franchising sector. The document also mentions previous names used by the company, such as Christie's International Real Estate, Inc. (between 2011 and December 2021) and Christie's Great Estates Inc. (prior to 2011), which provides a historical context of the brand's evolution.