Who must sign the Remax Franchise Agreement for it to be accepted by Remax Integrated Regions, LLC?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
THE SUBMISSION OF THIS AGREEMENT TO YOU DOES NOT CONSTITUTE AN OFFER AND THIS AGREEMENT SHALL NOT BE BINDING ON US UNLESS AND UNTIL IT IS ACCEPTED BY US, THAT IS, SIGNED BY OUR AUTHORIZED OFFICER AND RETURNED TO YOU.
You or, if you are a Business Entity, each of your Owners, must sign the Guaranty and Assumption of Obligations, attached to this Agreement.
PLEASE COMPLETE AND EXECUTE ONLY THE VERSION OF EXHIBIT A THAT APPLIES TO THE FRANCHISE OWNER:
EXHIBIT A-1 SOLE PROPRIETORSHIP
EXHIBIT A-2 PARTNERSHIP EXHIBIT A-3 CORPORATION
EXHIBIT A-4 LIMITED LIABILITY COMPANY
IF THE FRANCHISE OWNER IS A BUSINESS ENTITY (E.G., TRUST ENTITY, LIMITED LIABILITY PARTNERSHIP, ETC.) OTHER THAN A SOLE PROPRIETORSHIP, PARTNERSHIP, CORPORATION OR LIMITED LIABILITY COMPANY, THE FRANCHISE OWNER SHALL PROVIDE RE/MAX, LLC WITH INFORMATION SIMILAR TO THAT REQUESTED ON EXHIBIT A-1 THROUGH A-4.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, for the Franchise Agreement to be binding, it must be signed by an authorized officer of Remax Integrated Regions, LLC and then returned to the franchisee. The franchisee must also sign the agreement. If the franchisee is a business entity, the entity must sign, and each of its owners must sign the Guaranty and Assumption of Obligations attached to the agreement.
This means that a prospective Remax franchisee should ensure that the agreement is signed by the appropriate Remax representative to ensure its validity. Furthermore, if the franchisee operates as a business entity, all individual owners must also sign the Guaranty and Assumption of Obligations, indicating their personal commitment to the franchise's responsibilities.
Remax also requires specific exhibits to be completed and executed based on the franchise owner's business structure. These include Exhibit A-1 for sole proprietorships, Exhibit A-2 for partnerships, Exhibit A-3 for corporations, and Exhibit A-4 for limited liability companies. If the franchise owner is a business entity other than these, they must provide similar information as requested in Exhibits A-1 through A-4.
This level of detail ensures that Remax has a clear understanding of the ownership and management structure of each franchise, and that all responsible parties are legally bound to the terms of the agreement. Franchisees should carefully review these requirements and ensure all necessary signatures and documentation are provided to avoid any potential issues with the enforceability of their franchise agreement.