Where can I find the Confidentiality Agreement related to the Corcoran franchise?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document with a date of issuance of March 28, 2025 that included the following Exhibits:
- E. Confidentiality Agreement;
Source: Item 22 — CONTRACTS (FDD page 75)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, the Confidentiality Agreement is included as Exhibit E to the FDD. Prospective franchisees can review this agreement, along with other exhibits, to understand their obligations regarding confidential information.
Corcoran requires franchisees to maintain the confidentiality of proprietary information related to the operation of the business. This includes, but is not limited to, the Policy and Procedures Manual (P&P Manual), electronic communication identification numbers, and procedures related to their proprietary communication and referral systems. The P&P Manual contains various suggestions, mandatory specifications, standards, and procedures, including trademark and identity standards, and office design standards.
Understanding the terms of the Confidentiality Agreement is crucial for potential Corcoran franchisees. It outlines what information is considered confidential, what exceptions exist, and the franchisee's responsibilities in protecting this information. By carefully reviewing Exhibit E, prospective franchisees can ensure they are prepared to meet these obligations and avoid any potential breaches of confidentiality that could harm the Corcoran brand or system.