What do the terms 'we,' 'us,' and 'our' refer to in the Christies International Real Estate Franchise Disclosure Document?

According to the 2025 Christies International Real Estate Franchise Disclosure Document, the terms 'we,' 'us,' and 'our' are used to refer to Christie's International Real Estate, LLC, which is also identified as the 'Franchisor' or 'Licensor' within the document. This simplifies the language used throughout the FDD, ensuring clarity and consistency when the document refers to the company offering the franchise opportunity. Conversely, the terms 'you' and 'your' refer to the prospective franchisee or 'Affiliate' who is considering buying the franchise or license, including any guarantors.

This definition is crucial for a prospective franchisee as it clarifies who is responsible for the obligations and rights outlined in the Franchise Disclosure Document and the franchise agreement. Understanding this distinction helps in correctly interpreting the terms and conditions, ensuring that the franchisee is fully aware of their responsibilities and the franchisor's commitments. For instance, when the document states 'we will provide training,' it means Christie's International Real Estate, LLC, is responsible for providing the training, not any other entity.

It is standard practice in franchise disclosure documents to define these terms clearly to avoid ambiguity. Franchise agreements often involve complex legal and financial obligations, and precise language is essential. By defining 'we,' 'us,' and 'our' as Christie's International Real Estate, LLC, the FDD ensures that all statements and obligations are directly attributable to the franchisor, providing a clear understanding of the franchisor-franchisee relationship.