Under what circumstances will the continuing obligations of the Remax franchise agreement expire after the termination or abandonment of the office?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
n 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.
D. CONTINUING OBLIGATIONS.
All obligations of this Agreement (whether yours or ours) which expressly or by their nature are intended to survive the expiration or termination of this Agreement, or the Abandonment of the Office, will continue in full force and effect after and notwithstanding such expiration, termination, or Abandonment until such obligations are satisfied in full or by their nature expire.
E. MONETARY OBLIGATIONS NOT RELEASED.
Termination or expiration of this Agreement, or Abandonment of the Office, shall not terminate any monetary obligation that you may owe to us or REMAX, LLC or to any other person or entity as may be required by this Agreement, and shall not entitle you to any refund of any monies previously paid pursuant to this Agreement.
F.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, all obligations within the franchise agreement that are explicitly stated or naturally intended to survive the expiration, termination, or abandonment of the office will remain in full effect. These obligations will persist until they are either completely fulfilled or naturally expire.
Specifically, the termination or expiration of the Remax franchise agreement, or the abandonment of the office, does not terminate any monetary obligations owed to Remax Regional, Remax, LLC, or any other required entity. Franchisees are not entitled to refunds of previously paid monies. This means that even after the franchise ends, franchisees are still responsible for outstanding debts and fees.
For a period of 3 years following the termination or expiration of the agreement, or abandonment of the office, franchisees must keep Remax informed of their current business and residential addresses, email addresses, and telephone numbers, as well as the business address and telephone number of their employers, if any. This ensures Remax can contact former franchisees regarding ongoing obligations or legal matters. Furthermore, franchisees are required to purchase an extended reporting period endorsement covering a period of 3 years from the date of termination of the Agreement or the Abandonment of the Office for errors and omissions insurance.