Where did RE/MAX, LLC sign the guarantee?
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.
The Guarantor signs this guarantee at Denver, Colorado on April 2, 2025.
Guarantor:
RE/MAX, LLC
Name: Karri Callahan
Title: Chief Financial Officer
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, RE/MAX, LLC signed the guarantee of performance at Denver, Colorado on April 2, 2025. The guarantee ensures that RE/MAX, LLC, as the Guarantor, will cover the obligations of RE/MAX Integrated Regions, LLC, the Subfranchisor, under its franchise registrations in Indiana, Minnesota, Rhode Island, and Wisconsin. This obligation extends to all Franchise Agreements entered into after April 2, 2025, as per the 2025 Franchise Disclosure Document.
The guarantee remains effective until all obligations of the Subfranchisor under the franchise registrations and Franchise Agreements are fulfilled or until the Subfranchisor's liability to its franchisees is completely discharged. It is important to note that RE/MAX, LLC's liability as the Guarantor is not discharged even if a franchisee has an outstanding claim against the Subfranchisor.
This guarantee is binding on RE/MAX, LLC, including its successors and assigns. The document also specifies that notice of acceptance is waived, although RE/MAX, LLC does not waive receipt of notice of default on the part of the Subfranchisor. Karri Callahan, as Chief Financial Officer, signed on behalf of RE/MAX, LLC.