Where must the Main Office of a Christies International Real Estate business be located?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- 1.1. Grant. Subject to the provisions contained in this Agreement, including all exhibits and related documents, and Operations Manual, we grant you a non-exclusive license to own and operate a CHRISTIE'S INTERNATIONAL REAL ESTATE business (the "Business"). The physical address of your Business ("Main Office") must be located within the Protected Territory and approved by us in writing before you can begin to operate your Business. Your Main Office and the Protected Territory are identified in Exhibit 1 to this Agreement. You may not relocate your Main Office without our prior written consent, as described in Section 5.2 of this Agreement.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, the Main Office must be located within the Protected Territory granted to the franchisee and must be approved in writing by Christies International Real Estate before operations can begin. The specific location of the Main Office and the boundaries of the Protected Territory are detailed in Exhibit 1 of the Franchise Agreement.
The franchisee cannot relocate the Main Office without obtaining prior written consent from Christies International Real Estate, as stipulated in Section 5.2 of the agreement. This ensures that any relocation meets the franchisor's standards and maintains the integrity of the brand.
Christies International Real Estate retains the right to approve the site of the Main Office, and the franchisee must secure this approval before operating the business. If a franchisee fails to obtain approval for their chosen site, Christies International Real Estate has the right to terminate the Franchise Agreement. This condition underscores the importance of site selection in the success of the franchise and the franchisor's role in maintaining brand standards and market presence.