Are any other representations considered to have induced the parties to execute the Christies International Real Estate Release?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2.6. This Release constitutes the entire, full, and complete agreement between the parties concerning the subject matter hereof, and supersedes all prior agreements and communications concerning the subject matter hereof. No other representations have induced the parties to execute this Release. The parties agree that they have not relied upon anything other than the words of this Release in deciding whether to enter into this Release.
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 release agreement between the parties involved constitutes the entire agreement. It explicitly states that no other representations have influenced the parties to execute the release, and the parties agree that they have not relied upon anything other than the words of the release itself when deciding to enter into it.
This clause aims to prevent future disputes based on claims that one party was induced to sign the release due to promises, assurances, or understandings not written in the document. It reinforces that the written terms of the release are the sole basis for the agreement.
For a prospective Christies International Real Estate franchisee, this means that any verbal agreements or promises made during negotiations that are not included in the final written release will not be legally binding. It is crucial to ensure that all material terms and conditions are explicitly stated in the release document before signing. This protects both parties by ensuring clarity and preventing misunderstandings or disputes based on undocumented representations.