Under what condition may Engel & Volkers waive the training requirements for a proposed assignee?

According to Engel & Volkers' 2025 Franchise Disclosure Document, Engel & Volkers may waive the training requirements for a proposed assignee if that assignee is an existing Engel & Volkers franchisee in good standing. This means that if a current franchisee in good standing wants to take over another franchise location through assignment, Engel & Volkers has the discretion to waive the standard training that would otherwise be required.

This waiver could be beneficial for existing franchisees looking to expand their operations, as it could save them time and money associated with additional training. However, it's important to note that the decision to waive training is at Engel & Volkers' discretion, and there's no guarantee that training will be waived even if the assignee is a current franchisee.

Prospective franchisees should inquire with Engel & Volkers about the specific criteria and process for requesting a training waiver in the event of a franchise assignment. Understanding the conditions under which a waiver may be granted can help franchisees plan for future business transitions and expansions within the Engel & Volkers system.