According to Exit's 2025 Franchise Disclosure Document, there is no bankruptcy information required to be disclosed in Item 4 for either the subfranchisor, EXIT Realty Upper Midwest, or the franchisor, EXIT Realty Corp. International. This means that neither the franchisor nor the subfranchisor are required to disclose any past bankruptcy filings in this section of the FDD.

Item 4 of the FDD typically requires franchisors to disclose details of any bankruptcy filings by the franchisor, its predecessors, and any affiliates within the last 10 years. The absence of required disclosure suggests that neither EXIT Realty Corp. International nor EXIT Realty Upper Midwest have any relevant bankruptcy history that needs to be reported.

For a prospective franchisee, this information can be reassuring. However, it is important to note that this only covers the specific entities mentioned. A potential franchisee may still want to independently research the financial health and history of Exit and its key personnel to gain a comprehensive understanding of the company's stability.