How long do I have to approve third-party fees presented by Christies International Real Estate?

According to the 2025 Christies International Real Estate Franchise Disclosure Document, if Christies International Real Estate modifies or substitutes any third-party fees, the franchisee must comply with the modification or substitution within a reasonable time after notification. The term 'reasonable time' is not specifically defined in the agreement, so it is subject to interpretation based on the specific circumstances.

As the agreement does not define "reasonable time," the franchisee should seek clarification from Christies International Real Estate regarding the typical timeframe expected for compliance with modifications or substitutions of third-party fees. Understanding the expectations around this timeframe is crucial for budgeting and operational planning.

Without a clear definition, disputes could arise regarding what constitutes a reasonable time. Franchisees should document all communications with Christies International Real Estate regarding fee changes and compliance timelines to protect their interests. It would be prudent to seek legal counsel to review the franchise agreement and advise on the implications of this clause.