According to the Remax addendum, what is the document also referred to as the 'Agreement'?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS ADDENDUM is entered into as of even date with the Franchise Agreement dated the day of |
|---|
| 20, (the "Agreement" or "Franchise Agreement"), by and between RE/MAX Integrated Regions, |
| LLC (referred to as "we," "us," or "RE/MAX Regional") and |
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the document referred to as the 'Agreement' is the Franchise Agreement. This is clarified within an addendum that is entered into alongside the Franchise Agreement. This addendum helps to clarify the relationship between Remax Integrated Regions, LLC, and the franchisee.
This means that any time the term 'Agreement' is used within the context of the addendum, it is referring back to the original Franchise Agreement that outlines the core terms, conditions, and obligations of the franchise relationship. Franchisees should understand that the addendum modifies or supplements the original agreement, and both documents must be read together to fully understand their rights and responsibilities.
Prospective franchisees should pay close attention to how the addendum interacts with the Franchise Agreement, especially regarding any conflicting terms. The addendum explicitly states that if there are differences or conflicts between the two documents, the terms of the addendum will take precedence. This ensures that the most current and specific terms govern the franchise relationship.