Does the Remax Franchisee Disclosure Questionnaire require the franchisee to confirm they had the opportunity to ask questions about the Team Office amendment?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | I have received the information contained in the Franchise Disclosure Document, including the attached exhibits, such as the Team Office Amendment. | ||
|---|---|---|---|
| True | False | ||
| 2. | I have an attorney, accountant, or other professional advisor. | ||
| True | False | ||
| 3. | I had the opportunity to ask questions about the Team Office amendment. | ||
| True | False | ||
| 4. | I understand that my dealings are with RE/MAX Integrated Regions, LLC and not with the officers, directors, |
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the Franchisee Disclosure Questionnaire includes a question asking franchisees to confirm they had the opportunity to ask questions about the Team Office amendment. This questionnaire is part of the process when a franchisee is preparing to sign an amendment to their Franchise Agreement for operating a Team Office.
The questionnaire includes a statement, "I had the opportunity to ask questions about the Team Office amendment," to which the franchisee must answer either "True" or "False." By signing the questionnaire, the franchisee confirms that they have responded truthfully and understands that Remax relies on their answers.
This requirement ensures that franchisees have a chance to clarify any uncertainties regarding the Team Office amendment before committing to it. It also serves as a record for Remax, indicating that the franchisee was given the opportunity to seek clarification. However, the questionnaire also states that no agreement signed by the franchisee can waive claims under applicable state franchise law, including fraud, or disclaim reliance on statements made by Remax.