What is the Christies International Real Estate process for opening additional offices?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
You may open additional offices (each, an "Additional Office") as needed, so long as we receive prior written notification before you enter into any binding agreement to lease, purchase, or otherwise occupy the Additional Office.
We reserve the right to reject the location of your anticipated Additional Office.
You agree to obtain our written consent for your proposed site.
You may operate the Business only from the accepted site.
If you fail to secure a site of which we approve, we may terminate this Agreement.
(b) Lease. Before you sign a lease, sublet a space, purchase space, or make any binding commitment to do so, you must provide us a copy of the proposed lease, sublease, or purchase agreement, and you must obtain our prior written approval hereof, which we will not unreasonably withhold.
(c) Buildout. It is your responsibility to conform the premises with federal, state, or local ordinances, building codes, licensing requirements and obtain any required permits.
(d) Plans and Layout. You are required to submit the layout and have it approved by us.
We will approve or disapprove a proposed layout within 14 days of your submission to us.
Once approved by us, it is your responsibility to remodel the premises and install the furniture, fixtures, and equipment accordingly.
- (e) Relocation Review. You must obtain our prior written consent, which will not be unreasonable withheld, if you wish to relocate your Main Office and/or an Additional Office.
The "new" location must comply with all applicable provisions of this Agreement and with our then-current specifications and standards for CHRISTIE'S INTERNATIONAL REAL ESTATE businesses.
If you must relocate the Main Office and/or an Additional Office because it was destroyed, condemned, or otherwise became untenantable by fire, flood, or other casualty, you must reopen the replacement office within 90 days after you discontinue operation at the prior office.
| This Additional Office Addendum ("Addendum") is entered into on ("Effective Date") by and between ("Affiliate" or "you") and Christie's International Real Estate, LLC ("Licensor" or "us"). | |
|---|---|
| RECITALS | |
| WHEREAS Affiliate currently operates a CHRISTIE'S INTERNATIONAL REAL ESTATE business | |
| pursuant to a CHRISTIE'S INTERNATIONAL REAL ESTATE Broker Affiliate License Agreement dated | |
| ("Broker Affiliate License Agreement"). | |
| WHEREAS Affiliate's office is currently located at (the "Main | |
| Office"). | |
| WHEREAS Affiliate desires to open an additional office location at | |
| ("Additional Office"). | |
| WHEREAS Licensor has agreed to permit Affiliate to open and operate the Additional Office upon the | |
| terms and conditions stated herein. |
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate FDD, franchisees may open additional offices as needed, but must provide prior written notification to Christies International Real Estate before entering any binding agreement to lease, purchase, or occupy the additional office. Christies International Real Estate retains the right to reject the location of the proposed additional office.
Before signing a lease, sublease, purchasing space, or making any binding commitment, franchisees must provide Christies International Real Estate with a copy of the proposed agreement and obtain prior written approval, which will not be unreasonably withheld. Franchisees are responsible for conforming the premises to all applicable federal, state, and local ordinances, building codes, and licensing requirements, as well as obtaining all necessary permits. Franchisees must submit the office layout for approval, which Christies International Real Estate will approve or disapprove within 14 days of submission. Once the layout is approved, the franchisee is responsible for remodeling the premises and installing furniture, fixtures, and equipment accordingly.
Franchisees must also obtain prior written consent from Christies International Real Estate, which will not be unreasonably withheld, if they wish to relocate their main office or any additional office. The new location must comply with all applicable provisions of the franchise agreement and with Christies International Real Estate's then-current specifications and standards. If a main office or additional office must be relocated due to destruction, condemnation, or other casualty, the replacement office must reopen within 90 days after discontinuing operation at the prior office.
The FDD includes an Additional Office Addendum, which is entered into by the licensor and the affiliate, stating that the affiliate operates a Christies International Real Estate business and desires to open an additional office location. The licensor has agreed to permit the affiliate to open and operate the additional office upon the terms and conditions outlined in the addendum.