Before signing a lease for a Christies International Real Estate business, what must I provide to the franchisor?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
Site Selection and Build Out.**
- (a) Site Selection. You must select a site for the operation of your Business. We may provide you with site selection guidelines in the Operations Manual or otherwise in writing. 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.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, before a franchisee signs a lease, subleases a space, or purchases a space for their business, they must provide Christies International Real Estate with a copy of the proposed lease, sublease, or purchase agreement. The franchisee must obtain prior written approval from Christies International Real Estate, which, according to the FDD, will not be unreasonably withheld.
This requirement ensures that the site meets the franchisor's standards and guidelines before the franchisee makes any binding commitments. It allows Christies International Real Estate to maintain consistency and protect its brand image by ensuring that each location is suitable for operating a Christies International Real Estate business.
However, the FDD also states that any approval or recommendation of a site or location by Christies International Real Estate is not a representation or warranty of any kind regarding the suitability of the site or any guarantee of sales, revenue, or profit. The franchisee is responsible for their own independent investigation of the site's suitability for a Christies International Real Estate business.