factual

Does the Engel & Volkers system documentation include a Renewal Rider as Exhibit J?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

endors 2 pages*

  • Partner Network Members
  • Non-Approved Supplier

Chapter 11 - Legal and Ethical Standards 4 pages

  • Your Responsibility for Employment Matters

  • Fair Housing Standards

  • Equal Opportunity

  • Non-Discrimination and Non-Harassment

  • Professional Standards and Best Practices

  • Cybersecurity

  • Data Protection and Data Privacy

The Shop Fitting Manual 157 pages

  • Exterior
  • Interior
  • Shop Signage
  • Artwork

**Corpo

Source: Item 22 — CONTRACTS (FDD page 88)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, Exhibit J to the franchise agreement is indeed a Renewal Rider. This document outlines the terms for franchisees who are renewing their agreements.

The Renewal Rider amends Section 19.2 of the franchise agreement, specifically addressing the length of additional renewal terms. The rider indicates that the franchisee will have additional renewal terms of a specified number of years each, although the exact number of years is left blank in the exhibit. The renewal fee amount is also left blank.

Prospective Engel & Volkers franchisees should carefully review Exhibit J with the franchisor to understand the complete terms and conditions for renewing their franchise agreement, including the length of renewal terms and the associated renewal fees. This will help them make informed decisions about the long-term potential of their investment.

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.
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