What is the timeframe after the distribution of notice that changes to the Essential ICA Provisions become binding upon Remax franchisees for all ICAs entered into?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
REMAX, LLC reserves the right to modify or amend the Essential ICA Provisions and all future changes shall become binding upon RE/MAX Franchisees for all ICAs entered into commencing 60 days after the distribution of notice of each such change.
As future changes, additions or modifications to the Essential ICA Provisions are promulgated by REMAX, LLC, you will have 60 days within which to amend your ICA form to include the new Essential ICA Provisions. You then shall use that amended, compliant ICA form, or some alternative compliant ICA form, for all of your new and renewal ICAs so that at the end of the 12-month period following the amendment of your ICA, all of your Sales Associates will be parties to an ICA containing the most current Essential ICA Provisions.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, Remax, LLC reserves the right to modify or amend the Essential ICA Provisions. Any future changes become binding upon Remax franchisees for all ICAs (Independent Contractor Agreements) entered into, starting 60 days after the distribution of notice of each change.
This means that if Remax updates these essential provisions, franchisees have a 60-day window to incorporate these changes into their Independent Contractor Agreements with sales associates. This ensures that all new agreements and renewals reflect the most current standards set by Remax, LLC.
Furthermore, Remax franchisees have 12 months to ensure that ALL sales associates are under an ICA that contains the most current Essential ICA Provisions. This suggests that Remax allows franchisees a grace period to fully implement the changes across their existing agreements, likely to accommodate varying renewal cycles or contractual obligations. This requirement aims to maintain brand consistency and protect the Remax network's interests by ensuring uniform standards in all Independent Contractor Agreements.