What is the full name of the company that this addendum pertains to, regarding Remax?
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.
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, the addendum pertains to RE/MAX Integrated Regions, LLC. This company is identified as the "Subfranchisor" within the document.
Specifically, RE/MAX, LLC, referred to as the "Guarantor", provides a guarantee of performance for RE/MAX Integrated Regions, LLC. This guarantee ensures that RE/MAX, LLC will cover the obligations of RE/MAX Integrated Regions, LLC under its franchise registrations in Indiana, Minnesota, Rhode Island, and Wisconsin. It also covers obligations under Franchise Agreements entered into after April 2, 2025, based on the 2025 Franchise Disclosure Document.
This guarantee remains in effect until all obligations of RE/MAX Integrated Regions, LLC are satisfied or until their liability to franchisees is completely discharged. The guarantor, RE/MAX, LLC, is not released from liability if a franchisee's claim against the subfranchisor remains outstanding. This arrangement provides a level of security for franchisees, as the parent company, RE/MAX, LLC, stands behind the commitments of its subfranchisor, RE/MAX Integrated Regions, LLC.