table_specific

What exhibit contains the agreement a Remax franchisee signs when renewing the Team Office Amendment?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise or other agreement Summary
The agreement you would sign if you are an existing franchisee and are renewing the Team Office Amendment is attached as Exhibit A-4.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 81–88)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, the agreement a franchisee would sign when renewing the Team Office Amendment is included as Exhibit A-4. If a Remax franchisee chooses to renew their Team Office Amendment, they will be required to pay a renewal fee and execute the amendment form that RE/MAX Regional is currently using to grant Team Office rights. This form is the one found in Exhibit A-4.

It is important for prospective Remax franchisees to carefully review Exhibit A-4 to understand the obligations and terms associated with renewing the Team Office Amendment. This allows them to make an informed decision about whether to renew the amendment when the time comes. Understanding the renewal terms is crucial for long-term planning and financial forecasting.

Franchise agreements and their amendments can change over time, so the 'then current form' mentioned in the FDD highlights the importance of reviewing the specific terms applicable at the time of renewal. This ensures that franchisees are aware of any modifications or updates to the agreement before committing to another term.

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.