For Christies International Real Estate, what is the significance of the day and year first above written in the Release?

According to the 2025 Christies International Real Estate FDD, the day and year first written in the Release indicates the effective date of the Broker Affiliate License Agreement. This date marks when the agreement between Christies International Real Estate, LLC and the broker affiliate becomes active and legally binding.

The agreement specifies that the parties involved have signed and delivered the Release in duplicate on this date. This signifies that both parties have formally agreed to the terms and conditions outlined in the agreement as of that specific date.

For a prospective Christies International Real Estate broker affiliate, this date is crucial because it determines when their rights and obligations under the license agreement begin. It also serves as a reference point for various timelines and deadlines specified within the agreement, such as those related to performance requirements, advertising fund fees (if implemented), and compliance with brand guidelines.