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Real Estate Franchise Agreement
"I need a Real Estate Franchise Agreement for my Sydney-based real estate brand to expand into Queensland, with specific provisions for property management services and a five-unit development plan to be completed by March 2025."
1. Parties: Identification of franchisor and franchisee, including registered business names, ABNs, and addresses
2. Background: Context of the agreement, description of the franchise system, and business model
3. Definitions: Comprehensive list of defined terms used throughout the agreement
4. Grant of Franchise: Terms of franchise grant, territory rights, and exclusivity provisions
5. Term and Renewal: Initial term, renewal conditions, and processes for extension
6. Franchise Fees: Initial fees, ongoing royalties, marketing contributions, and payment terms
7. Franchisor Obligations: Support services, training, operations manual, marketing support, and ongoing assistance
8. Franchisee Obligations: Operational requirements, compliance with system standards, reporting obligations
9. Premises and Fit-out: Requirements for office premises, signage, and brand standards
10. Training Requirements: Initial and ongoing training obligations for franchisee and staff
11. Intellectual Property: Use of trademarks, confidential information, and system property
12. Marketing and Advertising: Marketing fund contributions, local advertising requirements, approval processes
13. Records and Reporting: Financial records, reporting requirements, audit rights
14. Insurance: Required insurance coverage and minimum limits
15. Transfer Provisions: Process and conditions for transfer of franchise rights
16. Termination: Termination events, notice requirements, and consequences
17. Post-Termination Obligations: Obligations after agreement ends, including non-compete and confidentiality
18. Dispute Resolution: Process for handling disputes as per Franchising Code requirements
19. General Provisions: Standard legal provisions including governing law, notices, and amendments
1. Multi-Unit Rights: Used when franchisee has rights to develop multiple locations
2. Online Operations: Required for franchises with significant digital presence or online sales channels
3. International Operations: Included when franchise may operate across international borders
4. Property Management Services: Specific provisions for franchises offering property management services
5. Guarantee and Indemnity: Required when personal guarantees are needed from franchisee directors
6. Special Events and Auctions: For franchises conducting auction services or special marketing events
7. Employee Requirements: Detailed staff requirements for larger operations
8. Sub-Franchising Rights: Included when franchisee has rights to grant sub-franchises
1. Territory Map and Description: Detailed description and visual representation of exclusive territory
2. Fee Schedule: Comprehensive breakdown of all fees, royalties, and payment structures
3. Required Insurance: Detailed insurance requirements and minimum coverage amounts
4. Initial Training Program: Overview of required initial training content and duration
5. Brand Standards Manual: Visual identity requirements and brand usage guidelines
6. Performance Criteria: Minimum performance standards and KPIs
7. Approved Suppliers: List of approved suppliers for required products and services
8. Technology Requirements: Required software, hardware, and technology systems
9. Form of Guarantee: Standard form of personal or corporate guarantee
10. Disclosure Document: Franchising Code of Conduct required disclosure document
11. Transfer Documentation: Required forms and processes for franchise transfer
12. Compliance Checklist: Checklist of regulatory and operational compliance requirements
Authors
Approved Products and Services
Approved Suppliers
Business Day
Code of Conduct
Commencement Date
Competitive Business
Confidential Information
Corporate Image
Disclosure Document
Exclusive Territory
Franchise
Franchise System
Franchised Business
Franchised Location
Franchise Fee
Gross Revenue
Initial Term
Intellectual Property
License
Marketing Materials
Operations Manual
Performance Criteria
Premises
Property Management Services
Real Estate Agency Services
Real Estate License
Renewal Term
Royalty Fee
Sales Commission
System Standards
Trade Marks
Training Program
Transfer Fee
Working Capital
Listing
Property Portfolio
Real Estate Authority
Business Assets
Compliance Requirements
Default Event
Force Majeure Event
Guarantee
Initial Investment
Key Performance Indicators
Management Fee
Network
Operating Expenses
Professional Standards
Quality Standards
Related Entity
Security Interest
Settlement
Trading Hours
Vendor
Territory Rights
Term and Renewal
Fees and Payments
Intellectual Property
Confidentiality
Non-Competition
Training and Support
Operations Standards
Compliance
Marketing and Advertising
Property Management
Sales Process
Commission Structure
Reporting Requirements
Audit Rights
Insurance
Indemnification
Default and Termination
Post-Termination Obligations
Transfer Rights
Death or Incapacity
Dispute Resolution
Notice Requirements
Force Majeure
Assignment
Guarantee
Technology Requirements
Brand Standards
Staff Requirements
Customer Service
Record Keeping
Licensing Requirements
Professional Standards
Disclosure Obligations
Performance Standards
Marketing Fund
Premises Requirements
System Modifications
Approved Suppliers
Quality Control
Real Estate
Property Management
Professional Services
Franchising
Property Development
Real Estate Investment
Business Services
Property Services
Legal
Operations
Compliance
Business Development
Sales
Marketing
Finance
Property Management
Training and Development
Brand Management
Franchise Support
Franchise Development Manager
Real Estate Agency Owner
Property Manager
Real Estate Agent
Business Development Manager
Compliance Officer
Legal Counsel
Operations Manager
Chief Executive Officer
Commercial Director
Franchise Operations Director
Brand Manager
Training Manager
Sales Director
Regional Manager
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