According to the Remax FDD, what is the issuance date of the disclosure document?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
The issuance date for this disclosure document is April 2, 2025.
Source: Item 23 — RECEIPTS (FDD pages 473–476)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the issuance date for the disclosure document is April 2, 2025. This date is important because it signifies when Remax made the document available to prospective franchisees.
Franchisors like Remax are legally required to provide this document to potential franchisees at least 14 calendar days before they sign any binding agreement or make any payment related to the franchise. This gives franchisees adequate time to review the document and seek professional advice.
The FDD's issuance date is crucial for compliance with federal and state franchise laws. If Remax fails to provide the FDD on time or if the document contains false, misleading, or omits material information, it could be a violation of these laws. Prospective franchisees have the right to report such violations to the Federal Trade Commission and relevant state agencies.