After the termination or expiration of a Remax franchise, are franchisees and owners allowed to sell or share any of the Confidential Information or Office Materials acquired from Remax, LLC?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree that on termination or expiration of the Franchise, or Abandonment of the Office, you and your Owners will immediately cease to use, but maintain the confidentiality over, any of the Confidential Information, Office Materials, procedures, techniques, all other manuals, forms, rosters or other materials, regardless of format (and all of any such items) acquired from us or REMAX, LLC, and agree not to use, sell, convey, display or share, in whole or in part, any of such items for any purpose. You and your Owners further agree to return all such items to us or destroy them in a secure manner.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, franchisees and their owners are restricted from using or sharing confidential information and office materials after the termination, expiration, or abandonment of the franchise. Specifically, upon termination or expiration, franchisees and their owners must immediately stop using any Confidential Information, Office Materials, procedures, techniques, manuals, forms, rosters, or other materials acquired from Remax, LLC.
This obligation includes a strict prohibition against selling, conveying, displaying, or sharing any of these items, in whole or in part, for any purpose whatsoever. Franchisees and their owners are further obligated to either return all such items to Remax or securely destroy them. This ensures that Remax's proprietary information remains protected even after the franchise agreement ends.
These restrictions are typical in franchising to protect the brand's intellectual property and maintain uniformity across the franchise system. Prospective Remax franchisees should understand that these post-termination obligations are legally binding and that failure to comply could result in legal action from Remax. Franchisees should also ensure that all owners and sales associates are aware of these restrictions to avoid any unintentional breaches.