For Engel & Volkers franchises in California, what is the expiration date of the automatic exemption?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| California | March 31, 2025 (automatic exemption) |
|---|
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 63–71)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the automatic exemption for Engel & Volkers franchises in California expires on March 31, 2025. This means that Engel & Volkers has an automatic exemption from franchise registration in California until this date.
For a prospective franchisee, this date is important because it indicates the period during which Engel & Volkers does not have to go through the full registration process in California. After this date, Engel & Volkers may need to register its franchise offering with the state, which could involve additional time and costs.
It is important for potential franchisees to confirm with Engel & Volkers whether the automatic exemption has been extended or if the franchise is fully registered in California, especially if they are considering purchasing a franchise after March 31, 2025. This ensures compliance with state franchise laws and regulations.