What documentation retention policies does Engel & Volkers require franchisees to follow?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
21.1.4 immediately cease using any documents referring to the ENGEL & VÖLKERS System, e.g., advertising texts, advertising materials, printed matter and letterheads;
21.1.5 immediately remove all the typical visual features used by the ENGEL & VÖLKERS System for ENGEL & VÖLKERS offices and Residential Real Estate Brokerages;
Franchisee must furnish Franchisor with evidence satisfactory to Franchisor of compliance with this obligation within thirty (30) days after termination or expiration of this Agreement.
During the Term, Franchisee must provide Franchisor annually (no later than January 31 of each year) with a current copy of its real estate broker license.
Source: Item 22 — CONTRACTS (FDD page 88)
What This Means (2025 FDD)
Based on the 2025 Engel & Volkers Franchise Disclosure Document, the franchise agreement stipulates several requirements regarding documentation that franchisees must adhere to, particularly upon termination or expiration of the agreement. Franchisees are obligated to cease using any documents referring to the Engel & Volkers system, including advertising materials, printed matter, and letterheads, immediately after the agreement ends.
Additionally, franchisees must remove the Engel & Volkers name from their business and cancel any related registrations within fifteen days of termination or expiration. They must then furnish Engel & Volkers with satisfactory evidence of compliance within thirty days. Failure to comply allows Engel & Volkers to act on the franchisee's behalf to ensure these changes are made, with the franchisee bearing the expense.
Furthermore, Engel & Volkers provides franchisees with access to a System Documentation, which contains mandatory instructions for operating the real estate brokerage. Franchisees must follow the most recent versions of this documentation, and Engel & Volkers retains the right to modify the System Documentation at its discretion. Franchisees are also required to provide Engel & Volkers with a current copy of their real estate broker license annually, no later than January 31st. These measures ensure brand consistency and legal compliance across all Engel & Volkers franchises.