On what date did RE/MAX, LLC sign the guarantee?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
For value received, RE/MAX, LLC, a Delaware limited liability company (the "Guarantor"), located at 5075 S. Syracuse Street, Denver, Colorado, 80237, absolutely and unconditionally guarantees the performance by RE/MAX Integrated Regions, LLC, located at 5075 S. Syracuse Street, Denver, Colorado, 80237, (the "Subfranchisor"), of all of the obligations of the Subfranchisor under its franchise registrations in Indiana, Minnesota, Rhode Island, and Wisconsin, and all of its obligations under the Franchise Agreements entered into after April 2, 2025 pursuant to its 2025 Franchise Disclosure Document (the "Franchise Agreements"). This guarantee continues until all such obligations of the Subfranchisor under such franchise registrations and its obligations under such Franchise Agreements are satisfied, or until the liability of the Subfranchisor to its franchisees under the Franchise Agreements has been completely discharged, whichever first occurs. The Guarantor is not discharged from liability if a claim by a franchisee against the Subfranchisor remains outstanding. Notice of acceptance is waived. The Guarantor does not waive receipt of notice of default on the part of the Subfranchisor. This guarantee is binding on the Guarantor and its successors and assigns.
The Guarantor signs this guarantee at Denver, Colorado on April 2, 2025.
Guarantor:
RE/MAX, LLC
Name: Karri Callahan
Title: Chief Financial Officer
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, RE/MAX, LLC signed the guarantee on April 2, 2025, in Denver, Colorado. This guarantee ensures that RE/MAX, LLC, as the Guarantor, will cover the obligations of RE/MAX Integrated Regions, LLC, the Subfranchisor, under its franchise registrations in Indiana, Minnesota, Rhode Island, and Wisconsin. It also covers all obligations under Franchise Agreements entered into after April 2, 2025, as per the 2025 Franchise Disclosure Document.
The guarantee remains effective until all obligations of the Subfranchisor are fulfilled or the Subfranchisor's liability to its franchisees is completely discharged. This means that Remax franchisees in the specified regions have an additional layer of security, as RE/MAX, LLC is committed to ensuring the Subfranchisor meets its obligations. The document explicitly states that RE/MAX, LLC will not be released from liability if a franchisee's claim against the Subfranchisor remains unresolved.
This guarantee is binding on RE/MAX, LLC, and its successors and assigns, providing long-term assurance. The waiver of notice of acceptance simplifies the process, while the non-waiver of notice of default ensures that RE/MAX, LLC is informed of any issues with the Subfranchisor's performance. This arrangement is designed to protect the interests of Remax franchisees by providing a financial safety net and ensuring accountability within the franchise system.