What does Remax represent regarding its compliance with laws, including Data Protection Laws, in relation to the agreement, the BoldTrail Platform Agreement(s), and any Product Schedule(s)?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.2 Licensor represents and warrants to Customer that: (a) it is incorporated or organized and is in good standing under the Laws of the state of its incorporation or organization; (b) it is legally able to enter into and perform its obligations under and make its representations and warranties in this Agreement and each Product Schedule (if applicable); (c) this Agreement and each Product Schedule (if applicable) does not and will not conflict with any other of Licensor's agreements, commitments, or obligations with or to another Person; and (d) it owns or has the right to use the Software and Additional BoldTrail Products and can grant all licenses and permissions granted under the Agreement and any Product Schedule(s) to Customer and its Authorized Users;
(e) its performance under this Agreement, the BoldTrail and any Product Schedule(s) does not and will not contravene any Laws, including any Data Protection Laws and (f) the Software, and Additional BoldTrail Products do not and will not infringe, violate or misappropriate the Intellectual Property rights of any Person; and (g) Licensor has not defaulted under, any license, agreement, or Intellectual Property owned or claimed by another Person, which license, agreement, or Intellectual Property is necessary for Customers to access and use the Software and Additional BoldTrail Products.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, Inside Real Estate LLC, the licensor, makes several representations and warranties to the customer (the Remax franchisee). Specifically, Inside Real Estate warrants that it is legally able to enter into and perform its obligations under the BoldTrail Platform Agreement and each Product Schedule, if applicable.
Inside Real Estate also warrants that its performance under the BoldTrail Platform Agreement and any Product Schedules does not and will not contravene any laws, including Data Protection Laws. This means Inside Real Estate assures Remax franchisees that their operation of the BoldTrail platform and related products will comply with all applicable data privacy regulations.
Furthermore, Inside Real Estate represents that the BoldTrail Platform, the Software, and Additional BoldTrail Products do not and will not infringe, violate, or misappropriate the Intellectual Property rights of any person. This provides assurance to the Remax franchisee that using these tools will not lead to any intellectual property disputes. These warranties are designed to protect the franchisee and ensure they can operate the BoldTrail platform and related software legally and without risk of legal issues related to data protection or intellectual property.