What is the 'System' as defined in the Christies International Real Estate Form Confidentiality Agreement?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- 21.13. "System" means the CHRISTIE'S INTERNATIONAL REAL ESTATE system which includes luxury real estate brokerage products and services, and other related services that we may designate in the future under the Marks; the approved products and services; certain distinctive types of equipment (including the Computer System; the Confidential Information; marketing, business development, and advertising techniques; operating procedures; product and service quality standards; business methods; the Operations Manual; and other expertise that we supply throughout the term of this Agreement.
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 'System' refers to the Christie's International Real Estate system. This system encompasses luxury real estate brokerage products and services, along with any related services that Christies International Real Estate may designate in the future under its Marks.
Specifically, the System includes approved products and services, distinctive equipment such as the Computer System, and Confidential Information. The definition extends to marketing, business development, and advertising techniques, as well as operating procedures, product and service quality standards, and business methods.
Furthermore, the Operations Manual and any other expertise that Christies International Real Estate provides throughout the term of the Broker Affiliate License Agreement are also components of the System. This comprehensive definition highlights the breadth of resources and standards that franchisees must adhere to and utilize while operating under the Christies International Real Estate brand.