What exhibits are included in the Engel & Volkers disclosure document dated March 31, 2025?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
onsideration that relates to the franchise relationship.**
Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If Engel & Völkers does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit A.
The franchisor is Engel & Völkers, located 430 Park Avenue, 11th Floor, New York, NY 10022. Its telephone number is 212-234-3100.
The issuance date is March 31, 2025.
Engel & Völkers authorizes the respective state agencies identified on Exhibit B to receive service of process for it in the particular state.
I have received a disclosure document dated March 31, 2025 that included the following Exhibits:
| A. | List of State Administrators | G. | List of Franchised Outlets |
|---|---|---|---|
| B. | Agents for Service of Process | H. | Franchisees Who Have Left the System |
| C. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 63–71)
What This Means (2025 FDD)
According to the Engel & Volkers 2025 Franchise Disclosure Document, Exhibit A contains the list of state administrators, and Exhibit B contains the state agencies authorized to receive service of process for Engel & Volkers. Exhibit G includes a list of franchised outlets. Exhibit M contains state-specific addenda for Hawaii, Illinois, Maryland, Minnesota, New York, North Dakota, Virginia, and Washington. Exhibit L contains state-specific addenda for California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
These exhibits provide important information for prospective Engel & Volkers franchisees. The lists of state administrators and agencies authorized to receive service of process are crucial for legal and regulatory compliance. The list of franchised outlets can offer insights into the existing network and potential market saturation. The state-specific addenda address legal variations and required modifications to the standard franchise agreement, ensuring franchisees are aware of their rights and obligations within their specific state.
It is important for potential franchisees to carefully review all exhibits to fully understand the legal and operational aspects of the Engel & Volkers franchise opportunity. Paying close attention to the addenda applicable to their state is particularly critical, as these documents outline any deviations from the standard franchise agreement and ensure compliance with local laws.