factual

Is interfering with Engel & Volkers' relationships with its franchisees considered a default?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 20.3.25 interferes or attempts to interfere in any manner with Franchisor's or ENGEL & VÖLKERS' contractual relations and/or Franchisor's or ENGEL & VÖLKERS' relationships with other ENGEL & VÖLKERS System franchisees, any supplier of Franchisee, Franchisor, ENGEL & VÖLKERS or other franchisees, any governmental or quasi-governmental authority, Franchisor's or ENGEL & VÖLKERS' customers/clients, employees or advertising agencies, or any third parties;

Source: Item 22 — CONTRACTS (FDD page 88)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, interfering with Engel & Volkers' relationships with its franchisees is considered a default of the franchise agreement. Specifically, if a franchisee interferes or attempts to interfere with Engel & Volkers' relationships with other Engel & Volkers System franchisees, it constitutes a breach of contract.

This provision protects Engel & Volkers' network and ensures franchisees maintain positive relationships. This clause aims to prevent any actions by a franchisee that could harm the overall brand or the relationships between franchisees, suppliers, or other related parties.

If a franchisee violates this provision, Engel & Volkers can issue a notice to cure the default, allowing the franchisee a period to rectify the situation. Failure to cure the default within the specified time frame can lead to termination of the franchise agreement.

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.