When providing banking information to Christies International Real Estate, what document must be attached?

According to the 2025 Christies International Real Estate FDD, Exhibit 2, titled "Automatic Bank Draft Authorization," is required when providing banking information. This exhibit likely authorizes Christies International Real Estate to automatically withdraw funds from the franchisee's bank account for various fees and payments due under the franchise agreement.

This requirement is a fairly standard practice in franchising, as it streamlines the payment process for both the franchisor and franchisee. By using automatic bank drafts, Christies International Real Estate can ensure timely payments and reduce the administrative burden of collecting fees manually.

For a prospective Christies International Real Estate franchisee, this means they will need to complete and submit Exhibit 2 with their banking details to authorize these automatic payments. It is important to carefully review the terms of the authorization, including the amounts and frequency of withdrawals, to ensure they align with the franchise agreement and to understand their rights and obligations regarding these payments.