factual

Following the termination or expiration of the Remax agreement, or abandonment of the office, for how many years must I keep Remax advised of my current business and residential addresses?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

For 3 years following the termination or expiration of this Agreement, or Abandonment of the Office you agree to keep us advised of the current business and residential address(es), email address(es), and telephone numbers of you and your Owners, as well as the business address and telephone number of all such persons' employers, if any.

Source: Item 22 — Contracts (FDD pages 108–334)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, for a period of three years after the termination or expiration of the franchise agreement, or abandonment of the office, a franchisee must keep Remax informed of their current business and residential addresses. This obligation extends not only to the franchisee but also to their owners.

This requirement ensures that Remax can contact former franchisees and owners regarding any pending issues, legal matters, or ongoing obligations even after the franchise relationship has ended. It also allows Remax to monitor compliance with post-termination obligations, such as non-compete agreements or confidentiality clauses.

In practical terms, a franchisee needs to maintain accurate records of their contact information and promptly update Remax with any changes to their business or residential addresses, email addresses, or telephone numbers. This includes providing the business address and telephone number of all such persons' employers, if any. Failure to comply with this requirement could potentially lead to legal repercussions or other enforcement actions by Remax.

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.