What agreements are referenced in the definition of 'MTSA' for Remax, and what are their dates?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
For the avoidance of doubt, Customer is not and shall not be deemed a third-party beneficiary of the MTSA.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
Based on the 2025 Remax Franchise Disclosure Document, the term MTSA is referenced in the context of a third-party beneficiary agreement. Specifically, the document states that a Remax franchisee (referred to as 'Customer') is not considered a third-party beneficiary of the MTSA.
The MTSA's termination or expiration date also determines the term of the software license agreement between the Remax franchisee and the licensor. The software license agreement's term continues until the earlier of when the customer ceases to be a Remax franchisee or the termination/expiration of the MTSA.
However, the 2025 FDD does not define what the acronym 'MTSA' stands for, nor does it provide the specific name of the agreement or its dates. A prospective franchisee should seek clarification from Remax regarding the full name, nature, and key terms of the MTSA to understand their rights and obligations fully.