What is the full name of the company that Engel & Volkers Americas, Inc. favors in this agreement?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
between
ENGEL & VÖLKERS AMERICAS, INC.
- the "Franchisor"
and
xxx
- the "Franchisee".
Source: Item 22 — CONTRACTS (FDD page 88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the agreement is made in favor of "ENGEL & VÖLKERS AMERICAS, INC.," which is explicitly identified as the "Franchisor" within the document. This establishes Engel & Volkers Americas, Inc. as the primary party granting the franchise to operate a residential real estate brokerage under the Engel & Völkers system.
This designation is crucial for prospective franchisees as it clarifies the entity they will be directly contracting with. Engel & Volkers Americas, Inc. is responsible for providing the rights to use the Engel & Völkers System, including trademarks, know-how, brokerage design, and system documentation. The franchisee's rights and obligations are defined in relation to this specific entity.
Furthermore, the Confidentiality Agreement and Covenant Not to Compete also explicitly state that it is made in favor of ENGEL & VÖLKERS AMERICAS, INC., a Delaware corporation. This agreement is signed by recipients who are either principals, shareholders, partners, members, officers, directors, or managers of the franchisee, reinforcing the franchisor's control over confidential information and competitive activities within the Engel & Volkers network.