What evidence of compliance regarding the business name change must the Engel & Volkers franchisee provide to the franchisor, and within what timeframe?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
- 21.1.3 immediately remove the name ENGEL & VÖLKERS®, ENGEL & VOELKERS, E&V® or EV from its business name, if one of those names appears in its business name, and take all necessary action to cancel any assumed name or equivalent registration and any registered user agreement which pertains to the franchised Business and contains or pertains to the name "ENGEL & VÖLKERS" or any other Trademark of Franchisor, or any variant, within fifteen (15) days following termination or expiration of this Agreement.
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.
If Franchisee fails to do so within thirty (30) days following the date of termination or expiration, Franchisor may, in Franchisee's name, on Franchisee's behalf and at Franchisee's expense, sign all documents necessary to cause discontinuance of Franchisee's use of the name "ENGEL & VÖLKERS" or any other Trademark or any variant with respect to the franchised Business.
Franchisee irrevocably appoints Franchisor as Franchisee's attorney-in-fact to do so;
Source: Item 22 — CONTRACTS (FDD page 88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, a franchisee must cease using the Engel & Völkers System, including trademarks and confidential information, immediately upon termination or expiration of the franchise agreement. This includes removing the Engel & Völkers name from their business name if it is present.
Specifically, the franchisee must take all necessary actions to cancel any assumed name or equivalent registration and any registered user agreement which pertains to the franchised business and contains the name "Engel & Völkers" or any other trademark of Engel & Volkers, or any variant, within fifteen (15) days following termination or expiration of the Agreement.
Following the name change, the Engel & Volkers franchisee must furnish Engel & Volkers with evidence satisfactory to Engel & Volkers of compliance with this obligation within thirty (30) days after termination or expiration of the Agreement. If the franchisee fails to provide this evidence within the specified timeframe, Engel & Volkers has the right to sign all necessary documents to discontinue the franchisee's use of the name "Engel & Völkers" or any other trademark or variant with respect to the franchised business, acting as the franchisee's attorney-in-fact and at the franchisee's expense.