For Remax, does the definition of 'Laws' include regulatory guidance?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
respect to any later breach, nor shall any delay or omission by us in exercising any rights
arising from a default affect or impair any rights as to said default or subsequent defaults. It will also not be deemed to be a waiver of any breach of this Agreement for us to accept payments which are due to us under this Agreement.
F. CUMULATIVE REMEDIES.
The rights and remedies specifically granted to us by this Agreement will not be deemed to prohibit us from exercising any other right or remedy provided under this Agreement or permitted by law or equity.
G. SPECIFIC PERFORMANCE; INJUNCTIVE RELIEF.
You agree that we may, without being required to post a bond or other security and without needing to present evidence of irreparable harm, and even if this Agreement has been terminated or has expired or you have Abandoned the Office, obtain temporary and permanent injunctions and orders of specific performance (1) to enforce the provisions of this Agreement relating to your use of the RE/MAX Marks and your non-disclosure and non-competition obligations under this Agreement; (2) to prohibit any act or omission by you or your agents or employees that constitutes a violation of any applicable law, ordinance or regulation, constitutes a danger to the public, or may impair the goodwill associated with the RE/MAX Marks, the System, us, REMAX, LLC or other RE/MAX Affiliates; or (3) to prevent any other irreparable harm to our interests.
H. COSTS AND LEGAL FEES.
If we engage legal counsel in connection with any failure by you or your Owners to comply with this Agreement, you shall reimburse us and/or REMAX, LLC, upon demand, for the costs and expenses incurred by us and/or REMAX, LLC as a result of such failure, including, without limitation, reasonable accountants' , attorneys' , attorneys' assistants' , expert fees, cost of investigation and proof of facts, court costs, other litigation expenses and travel and living expenses, and costs of collection including, without limitation, court costs and 33.33% collection fees, whether incurred prior to, in preparation for, in contemplation of or in connection with the filing of any judicial proceeding to enforce this Agreement (including without limitation all costs and expenses incurred by us with respect to any counterclaims brought by us in any legal proceedings initiated by you or your Owners). This provision does not limit in any way our or REMAX, LLC's right to seek any other costs and expenses which may be governed by applicable court rules and claimable in the context of a legal proceeding. You and your Owners shall be responsible for your own such costs and expenses. This provision shall survive termination or expiration of this Agreement, or Abandonment of the Office.
I.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the term "laws" includes regulations. Item 22, section G, states that Remax can seek legal orders to stop any action that violates any applicable law, ordinance, or regulation. This indicates that Remax considers regulations as part of the broader legal framework that franchisees must adhere to.
This is further supported by Item 22, section B, which states that the franchisee's business operations are subject to the laws and regulations of the state in which the office is located. This means that Remax franchisees must comply with both the formal laws and the regulatory requirements of their state.
For a prospective Remax franchisee, this means understanding and complying with all applicable laws and regulations is crucial for operating their franchise. Failure to do so could result in legal action from Remax, potentially leading to injunctions or other penalties. Therefore, franchisees should consult with legal counsel to ensure they are fully compliant with all relevant legal and regulatory requirements.