Besides business and residential addresses, what other contact information must I provide to Remax for myself and my Owners for 3 years following termination, expiration, or abandonment?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
You authorize any federal, local or state body regulating or supervising real estate brokerage practices to release to us all records and information it maintains for your Office including the names of Sales Associates licensed with your Office, complaints filed against you or anyone affiliated with your Office or information pertaining to any disciplinary actions taken against you or anyone affiliated with your Office. You also authorize us to conduct a credit report, criminal background check, and/or asset investigation, on you, your Owners, or anyone affiliated with your Office, at any time (including up to 1 year after the termination or expiration of this Agreement or Abandonment of the Office), and for any reason, including but not limited to making decisions relating to the enforcement of the Agreement. You agree to fully cooperate with us in accessing information maintained by the regulatory authorities and conducting a credit report or criminal background check and, to that end, you agree to provide us with such information, execute such documents or take such other action as we deem necessary.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, as a franchisee, you authorize Remax to conduct a credit report, criminal background check, and/or asset investigation on you, your Owners, or anyone affiliated with your office at any time, including up to 1 year after the termination or expiration of the agreement or abandonment of the office. To that end, you agree to provide Remax with such information, execute such documents, or take such other action as Remax deems necessary.
This means that Remax can request various forms of personal and contact information beyond business and residential addresses. This may include phone numbers, email addresses, and other data required for credit and background checks. The authorization extends not only to the franchisee but also to the franchisee's owners and anyone affiliated with the office.
This obligation to provide information and cooperate with background checks lasts for up to one year after the franchise agreement terminates, expires, or is abandoned. This extended period allows Remax to continue monitoring compliance and protect its brand reputation even after the formal business relationship ends. Franchisees should be aware of this ongoing obligation and be prepared to respond to information requests from Remax even after their franchise operations have ceased.