factual

Regarding customer data, what responsibilities does Remax's Licensor NOT bear?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 3.3 Responsibility for Customer Data.

As between the parties, Customer is solely responsible for, and Licensor bears no responsibility for: (a) the accuracy, quality, legality, and appropriateness of Customer Data; (b) determining whether the Offerings and the information generated thereby are accurate and sufficient for Customer's purposes; (c) updating Customer Data as needed, and all changes and deletions to the Customer Data; and (d) any output or other results obtained by Customer or generated by the Offerings as a result of Licensor's use of or reliance on Customer Data.

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

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, the Licensor does not bear responsibility for certain aspects of customer data. Specifically, Remax's Licensor is not responsible for the accuracy, quality, legality, and appropriateness of customer data. This means that Remax franchisees are solely accountable for ensuring that the data they collect and use meets these standards.

Additionally, the Licensor is not responsible for determining whether the offerings and the information generated are accurate and sufficient for the customer's purposes. Therefore, it is the franchisee's duty to assess the suitability of the data and offerings for their specific needs. This includes evaluating whether the information generated by the software is reliable and adequate for making informed business decisions.

Furthermore, Remax's Licensor has no responsibility for updating customer data as needed, including all changes and deletions to the customer data. The franchisee is responsible for keeping the data current and accurate. Finally, the Licensor is not responsible for any output or other results obtained by the customer or generated by the offerings as a result of the Licensor's use of or reliance on customer data. This means that if the franchisee makes decisions based on the customer data, the Licensor is not liable for the outcomes of those decisions.

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.