Before signing a lease, sublease, or purchase agreement, what must I provide to Christies International Real Estate?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- (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.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 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 Christies International Real Estate's prior written approval, which, according to the document, will not be unreasonably withheld.
This requirement ensures that the location meets the brand's standards and is suitable for operating a Christies International Real Estate business. It allows the franchisor to maintain consistency across all franchise locations and protect the brand's image. The franchisee is responsible for conforming the premises with all applicable federal, state, and local ordinances, building codes, and licensing requirements, as well as obtaining any required permits.
Additionally, the franchisee is required to submit the layout of the premises for approval by Christies International Real Estate. The franchisor will approve or disapprove the proposed layout within 14 days of submission. Once the layout is approved, the franchisee is responsible for remodeling the premises and installing the necessary furniture, fixtures, and equipment accordingly. This process ensures that the physical space aligns with the brand's standards and operational needs.
It is important to note that any approval or recommendation of a site or location by Christies International Real Estate is not a representation or warranty of the site's suitability for the business or any other purpose. The franchisor's recommendation only indicates that the site meets their acceptable criteria at the time. Furthermore, any recommendations, suggestions, or approvals of a proposed site do not guarantee any specific level of sales, revenue, or profit for the Christies International Real Estate business location.