Under what condition does the Virginia Amendment to the Engel & Volkers Franchise Agreement apply?

According to Engel & Volkers's 2025 Franchise Disclosure Document, the Virginia Amendment to the Engel & Volkers Franchise Agreement applies to franchises sold in the State of Virginia that are subject to the Virginia Retail Franchising Act. The purpose of this amendment is to ensure compliance with Virginia statutes and regulations.

However, the document also states that signing the Virginia Amendment does not automatically subject the parties to the provisions of the Act if the jurisdictional requirements of the Act are not met. This means that simply signing the amendment does not trigger the Act's provisions unless the franchise sale meets the specific legal requirements for jurisdiction in Virginia.

In practical terms, this means that if you are purchasing an Engel & Volkers franchise in Virginia, you should carefully review the Virginia Retail Franchising Act to understand its requirements and how they apply to your specific situation. If the jurisdictional requirements are met, the amendment will be in effect to ensure compliance with Virginia law. If not, the amendment may not be applicable, but it is still important to understand its contents and implications for your franchise agreement.