When are Attorneys' Fees due to Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Attorneys’ Fees | Varies | On demand. | You are responsible for our costs and attorney’s fees if we incur them in any litigation proceeding with you in which we prevail or if we have to obtain an injunction against you. |
| Indemnification | You must indemnify us and other parties against all costs and expenses, including attorney’s fees, arising out of claims by third parties as a result of your actions or omissions | On demand | Payable to us or our affiliates and their respective directors, officers, employees or agents. |
Source: Item 6 — OTHER FEES (FDD pages 22–30)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, attorneys' fees are due 'on demand.' Specifically, a franchisee is responsible for Engel & Volkers' costs and attorney's fees if Engel & Volkers incurs them in any litigation proceeding with the franchisee in which Engel & Volkers prevails or if Engel & Volkers has to obtain an injunction against the franchisee.
Additionally, franchisees must indemnify Engel & Volkers and other parties against all costs and expenses, including attorney's fees, arising out of claims by third parties as a result of the franchisee's actions or omissions. This indemnification is also payable 'on demand' to Engel & Volkers, its affiliates, and their respective directors, officers, employees, or agents.
In practical terms, this means that an Engel & Volkers franchisee could face significant and unpredictable legal expenses if they are involved in a dispute with Engel & Volkers that results in litigation where Engel & Volkers wins, or if the franchisee's actions lead to third-party claims against Engel & Volkers. The franchisee would need to be prepared to pay these fees promptly upon receiving a demand from Engel & Volkers.