factual

What agreement is NOT superseded, replaced, amended, or modified by the agreement described in this section for Remax franchisees?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. The Franchise Agreement supersedes any previous franchise agreements entered into between RE/MAX Regional and Franchisee. With the exception of any monies that may be due and owing to RE/MAX Regional at the time of renewal, RE/MAX Regional and Franchisee agree to release and forever discharge each other from any and all claims, disputes, damages or liabilities, and causes of action of any kind or nature, arising out of any previous franchise agreements entered into between them.

Source: Item 22 — Contracts (FDD pages 108–334)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, the franchise agreement supersedes any previous franchise agreements entered into between RE/MAX Regional and the franchisee. This means that upon signing the new franchise agreement, any prior agreements are replaced. However, this does not apply to any monies that may be due and owing to RE/MAX Regional at the time of renewal.

Specifically, RE/MAX Regional and the franchisee agree to release and forever discharge each other from any and all claims, disputes, damages or liabilities, and causes of action of any kind or nature, arising out of any previous franchise agreements entered into between them. This mutual release is conditional upon the franchisee fulfilling all outstanding financial obligations to RE/MAX Regional.

In practical terms, a Remax franchisee should ensure all financial obligations are settled when renewing their franchise agreement to take full advantage of the release from past liabilities. Failure to settle outstanding debts could leave the franchisee vulnerable to claims arising from previous agreements, despite the new agreement being in place.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.