From whom did RE/MAX Regional acquire the right to use the Marks in Indiana?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
In Indiana, RE/MAX Regional derives the right to use the Marks by virtue of the regional agreement that it acquired from RE/MAX Indiana, the Predecessor Region described in Item 1, on July 21, 2021. The regional agreement between Predecessor Region and REMAX, LLC dated April 30, 1987, as amended from time to time, was automatically renewed for a 20-year period in 2007. The Regional Agreement authorizes RE/MAX Regional to sell franchises for RE/MAX offices in Indiana. REMAX, LLC may terminate the Regional Agreement, under certain conditions, if RE/MAX Regional materially violates its terms. If the Regional Agreement is terminated, cancelled, or not renewed, RE/MAX franchisees may not have the right to continue to use the RE/MAX Marks. If the Regional Agreement is terminated, REMAX, LLC or its designee may, at its option, acquire RE/MAX Regional's rights and assume its obligations under the Franchise Agreement with you.
Source: Item 13 — TRADEMARKS (FDD pages 75–79)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, RE/MAX Regional derives the right to use the Marks in Indiana from RE/MAX Indiana, the Predecessor Region. This acquisition occurred on July 21, 2021. The original regional agreement between the Predecessor Region and REMAX, LLC was dated April 30, 1987, and was automatically renewed for a 20-year period in 2007. This agreement authorizes RE/MAX Regional to sell franchises for Remax offices in Indiana.
REMAX, LLC retains the right to terminate the Regional Agreement under specific conditions if RE/MAX Regional violates the terms materially. Should the Regional Agreement be terminated, canceled, or not renewed, Remax franchisees in Indiana may lose the right to use the RE/MAX Marks.
Furthermore, if the Regional Agreement is terminated, REMAX, LLC or its designee has the option to acquire RE/MAX Regional's rights and assume its obligations under the Franchise Agreement with the franchisee. This clause protects REMAX, LLC's interests and ensures business continuity in the event of a regional agreement termination.