As of the provided information, what is the effective date for the Remax Franchise Disclosure Document in Wisconsin?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Effective Date |
|---|---|
| Indiana | |
| Minnesota | |
| Rhode Island | |
| Wisconsin | April 3, 2025 |
Source: Item 6 — The amount charged for the Insufficient Funds Processing Fee in Minnesota is $30. (FDD pages 464–473)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the effective date for use in Wisconsin is April 3, 2025. This means that as of this date, the FDD was approved and available for distribution to prospective franchisees in Wisconsin.
Franchise Disclosure Documents must be registered or filed in states with franchise laws before a franchisor can offer or sell franchises in those states. The effective date indicates when Remax has met these requirements in Wisconsin. This ensures that prospective franchisees receive the required information to make an informed investment decision.
It is important for prospective franchisees in Wisconsin to verify with Remax that the FDD they receive is the most current and effective version at the time of their franchise purchase. Using an outdated FDD could mean that the franchisee is missing critical information or is not afforded the full protections of Wisconsin's franchise laws.