For Christies International Real Estate, can signatures on the Release be exchanged by fax or PDF?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2.3. This Release may be executed in counterparts, and signatures exchanged by fax or pdf, and each such counterpart, when taken together with all other identical copies of this Release also signed in counterpart, will be considered as one Release.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate FDD, the Release may be executed in counterparts, and signatures can be exchanged via fax or PDF. This means that the agreement does not require all parties to sign the same physical document; instead, they can sign separate copies (counterparts), which together constitute the complete agreement. Furthermore, the franchisor will accept signatures transmitted electronically via fax or PDF.
This flexibility simplifies and speeds up the signing process, as original signatures and physical delivery are not mandatory. A franchisee can sign the document and quickly return it to Christies International Real Estate via electronic means, facilitating a faster turnaround. This is a fairly standard practice in modern franchising, as it streamlines administrative processes.
However, it's important to note that while electronic signatures are permitted for the Release, other documents or agreements related to the Christies International Real Estate franchise might have different requirements. Franchisees should always confirm the specific signing requirements for each document with Christies International Real Estate to ensure compliance and avoid potential delays or complications.