What documents must an Engel & Volkers franchisee execute prior to the commencement of the renewal term?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
and Ethical Standards 4 pages*
Your Responsibility for Employment Matters
Fair Housing Standards
Equal Opportunity
Non-Discrimination and Non-Harassment
Professional Standards and Best Practices
Cybersecurity
Data Protection and Data Privacy
The Shop Fitting Manual 157 pages
- Exterior
- Interior
- Shop Signage
- Artwork
Corporate Identity Manual 164 pages
- Introduction
- Use of Registered Trademark/DBA/Engel & Völkers Logo
- Fonts and Colors
- Email Addresses
- Shop Facade
- Outdoor Signage
- Print Marketing Materials
- Video Guidelines
- Social Media Style Guidelines
- Preferred Vendors
The System Documentation is provided electronically, however, if printed it would have approximately 376 pages.
**EXHI
Source: Item 22 — CONTRACTS (FDD page 88)
What This Means (2025 FDD)
According to the 2025 Engel & Volkers Franchise Disclosure Document, a franchisee renewing their agreement must adhere to specific conditions. Section 19.2 of the Franchise Agreement is amended by a Renewal Rider, which specifies the length of additional renewal terms and the renewal fee amount. The exact term lengths are left blank in the provided example, represented as "() years each," indicating these are to be determined and filled in during the renewal process. The renewal fee is also left blank as "$ ".
In addition to the Renewal Rider, a General Release is required. The General Release includes language that may need to be adjusted based on whether only the franchisee is signing the release or if both the franchisee and its owners are signing. If owners are involved, the language referring to them should be included without bolding or brackets; otherwise, it should be removed.
These documents ensure that both Engel & Volkers and the franchisee are aligned on the terms of the renewal and that any potential liabilities are addressed through the general release. Prospective franchisees should carefully review these documents with legal counsel to fully understand their obligations and rights during the renewal term.