Who signed the guarantee on behalf of RE/MAX, LLC?
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, the Guarantee of Performance was signed on behalf of RE/MAX, LLC by Karri Callahan, in the role of Chief Financial Officer, on April 2, 2025, in Denver, Colorado. This guarantee ensures that RE/MAX, LLC will fulfill the obligations of RE/MAX Integrated Regions, LLC under its franchise registrations in Indiana, Minnesota, Rhode Island, and Wisconsin. It also covers all obligations under Franchise Agreements entered into after April 2, 2025, as per the 2025 Franchise Disclosure Document.
This guarantee remains effective until all obligations of RE/MAX Integrated Regions, LLC are met or until their liability to franchisees is completely discharged. The guarantee specifies that RE/MAX, LLC is not released from liability even if a franchisee's claim against RE/MAX Integrated Regions, LLC is still outstanding. The document also waives the need for notice of acceptance, though it does not waive the receipt of notice of default on the part of the Subfranchisor.
For a prospective Remax franchisee, this guarantee provides an added layer of security, ensuring that RE/MAX, LLC stands behind the commitments made by its subfranchisor, RE/MAX Integrated Regions, LLC. This can be particularly important for franchisees in the specified states, as it offers recourse should the subfranchisor fail to meet its obligations. The guarantee is binding on RE/MAX, LLC and its successors and assigns, further solidifying its long-term commitment.