What is the name of the agreement that Principal Owners of a Christies International Real Estate franchise must sign?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 41–43)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, a prospective Christies International Real Estate franchisee will sign a Broker Affiliate License Agreement. This agreement grants the franchisee the right to operate a full-service residential real estate brokerage business using the Christies International Real Estate marks.
The agreement outlines the terms and conditions under which the franchisee can operate their business, including the use of the CHRISTIE'S INTERNATIONAL REAL ESTATE name, trademarks, and system. The agreement also defines the rights and responsibilities of both the franchisor and the franchisee.
Prospective franchisees should carefully review the Broker Affiliate License Agreement with legal counsel to fully understand their obligations and rights before investing in a Christies International Real Estate franchise. Understanding the terms of the agreement is crucial for a successful and compliant franchise operation.