factual

What must an Engel & Volkers Franchisee ensure regarding their Licensed Users?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

e of operating the Franchisee's Residential Real Estate Brokerage under the Franchise Agreement at Franchisee's Approved Location, or acting as a Sales Advisor for the Franchisee's Residential Real Estate Brokerage under the Franchise Agreement, in each case in accordance with this Agreement and the requirements of the ENGEL & VÖLKERS System, as may be amended from time to time. No other use of the Integrated Product Suite and the Licensed Materials is permitted.

  • 7.6 Conditions of Use. Franchisee agrees that the conditions of use are as follows:

  • 7.6.1 Franchisee shall be obliged to ensure by separate agreement with each Licensed User that any of Franchisee's obligations stipulated in this Agreement are also to be complied with by its Licensed Users;

  • 7.6.2 Neither Franchisee nor any of its Licensed Users or staff members or Sales Advisors shall, or shall allow any other person to: modify, copy, adapt, reverse engineer, decompile, disassemble or otherwise use the Integrated Product Suite or the Licensed Materials;

  • 7.6.3 Franchisee may not sublicense, assign or transfer, directly or indirectly or by operation of law or otherwise, any rights in the Integrated Product Suite or in the Licensed Materials;

Source: Item 22 — CONTRACTS (FDD page 88)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, a franchisee must ensure that their Licensed Users comply with all obligations stipulated in the franchise agreement. This is achieved through a separate agreement between the franchisee and each Licensed User, making them directly accountable for adhering to the terms of the franchise agreement.

Specifically, Licensed Users are prohibited from modifying, copying, adapting, reverse engineering, decompiling, disassembling, or otherwise misusing the Integrated Product Suite or the Licensed Materials. The franchisee cannot sublicense, assign, or transfer any rights related to the Integrated Product Suite or Licensed Materials to others.

Furthermore, both the franchisee and their Licensed Users are responsible for obtaining and maintaining the necessary equipment and hardware, as prescribed by Engel & Volkers, to effectively use the Integrated Product Suite and Licensed Materials. This includes bearing the costs of any hardware upgrades required due to updates to the Integrated Product Suite or if the existing hardware becomes inadequate for electronic reporting.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.