What items in the Remax disclosure document provide more detailed information regarding pre-opening purchases/leases?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS DISCLOSURE DOCUMENT SUMMARIZES CERTAIN PROVISIONS OF THE FRANCHISE AGREEMENT AND OTHER INFORMATION IN PLAIN LANGUAGE. READ THIS DISCLOSURE DOCUMENT AND ALL AGREEMENTS CAREFULLY.
IF RE/MAX INTEGRATED REGIONS, LLC ("WE" OR "US") OFFERS YOU A FRANCHISE, WE MUST PROVIDE THIS DISCLOSURE DOCUMENT TO YOU BY THE EARLIER OF:
-
- 14 CALENDAR DAYS BEFORE YOU SIGN A BINDING AGREEMENT WITH US OR OUR AFFILIATE(S) IN CONNECTION WITH THE PROPOSED FRANCHISE SALE, OR
-
- 14 CALENDAR DAYS BEFORE ANY PAYMENT TO US OR OUR AFFILIATE(S).
IF WE DO NOT DELIVER THIS DISCLOSURE DOCUMENT ON TIME OR IF IT CONTAINS A FALSE OR MISLEADING STATEMENT, OR A MATERIAL OMISSION, A VIOLATION OF FEDERAL LAW AND STATE LAW MAY HAVE OCCURRED AND SHOULD BE REPORTED TO THE FEDERAL TRADE
COMMISSION, WASHINGTON, DC 20580 AND THE STATE AGENCIES LISTED IN EXHIBIT H.
The issuance date for this disclosure document is April 2, 2025.
Your franchise has been offered to you by , at 5075 South Syracuse Street, Denver, Colorado 80237-2712; phone number: (303) 770-5531.
We authorize the agents listed in Exhibit H to receive service of process for us.
I have received a disclosure document dated April 2, 2025, that included the following Exhibits: A.
Franchise Agreement (including Ownership and Management Information forms, Essential ICA Provisions and Guaranty and Assumption of Obligations) A-1.
Renewal Addendum – Address Only A-2.
Transfer Addendum A-3.
Commercial Office Addendum A-4.
Team Office Amendment A-5.
MAX/Center® User Agreement A-6.
RE/MAX Gold Plan Letter Addendum A-7.
Recurring Payment Withdrawal Authorization A-8.
RE/MAX University Terms of Use A-9.
BoldTrail Platform Agreement A-10.
BoldTrail Back Office License Agreement A-11.
QuickBooks Online U.S.
Terms of Service A-12.
MLS Agreement A-13.
RE/MAX Hustle Terms of Use A-14.
MAX/Tech Lead Concierge Terms of Use A-15.
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 53–56)
What This Means (2025 FDD)
Based on the 2025 Remax Franchise Disclosure Document excerpts provided, there is no explicit mention of specific items that detail pre-opening purchases or leases. The excerpts focus on franchisee obligations, access to information, franchisee details, and legal disclaimers.
Item 23 lists the exhibits included in the disclosure document, such as the Franchise Agreement, various addenda, and terms of use agreements for different platforms. However, none of these listed exhibits are explicitly described as containing detailed information about pre-opening purchases or leases. Item 20 refers to Exhibit D, which includes franchisee rosters, and Exhibit E, which lists franchisees who have left the system, but these do not pertain to pre-opening costs.
To get a clear understanding of the pre-opening costs and lease obligations, a prospective Remax franchisee should carefully review the Franchise Agreement and any related addenda, particularly those concerning site selection or build-out requirements. It would be prudent to ask the franchisor directly for a comprehensive list of estimated pre-opening expenses, including any required purchases or leasehold improvements, to make an informed investment decision.