factual

Besides termination, cancellation, and non-renewal, what other circumstances cause a Remax franchise to be tracked as having ceased to do business?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

NOTE: SOME INDIVIDUALS WHOSE NAMES APPEAR ON THIS EXHIBIT OWN OTHER RE/MAX OFFICES AND REMAIN IN GOOD STANDING WITHIN THE RE/MAX SYSTEM.

FRANCHISES THAT HAVE BEEN TERMINATED, CANCELLED, NOT RENEWED, OR OTHERWISE CEASED TO DO BUSINESS Between January 1, 2024 and December 31, 2024

OR THAT HAVE NOT COMMUNICATED WITH THE FRANCHISOR WITHIN 10 WEEKS OF THE APPLICATION DATE

Source: Item 1 — Business and Organization (FDD pages 334–464)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, a Remax franchise is also considered to have ceased doing business if the franchisee has not communicated with Remax within 10 weeks of the application date. This information is listed in the notes regarding franchises that have been terminated, cancelled, not renewed, or otherwise ceased to do business between January 1, 2024, and December 31, 2024.

This means that if a prospective franchisee applies for a Remax franchise but then fails to maintain contact with Remax for a period of 10 weeks following the application, Remax will track the franchise as having ceased to do business. This can occur even before a franchise agreement is formally signed.

This policy likely helps Remax manage its pipeline of potential franchisees and ensure that only serious and engaged candidates are pursued. It also allows Remax to efficiently allocate its resources by not investing time and effort into applicants who are no longer interested or responsive. For a prospective franchisee, this highlights the importance of maintaining consistent communication with Remax throughout the application process to avoid being categorized as having ceased to do business before the franchise even begins.

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.