factual

Under what conditions can Remax terminate the agreement with a contractor for cause?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

11. TERMINATION.

A. By Broker for Cause.If Contractor breaches this Agreement, Broker may terminate this Agreement immediately and without prior notice and pursue any and all remedies for the breach that are available to Broker at law or in equity.

A. TERMINATION BY REMAX REGIONAL WITH CAUSE.

You will be deemed to be in material default of an essential condition of this Agreement in the event of the occurrence of any of the specific defaults listed in Subsections 13.B., 13.C., and 13.D. below. You acknowledge and agree that the occurrence of any such material default will constitute just and good cause for termination of your rights under this Agreement, or any other franchise agreement between you or your Owners and REMAX Regional and any of our Related Parties, and that our right to terminate this Agreement based on any such material default is reasonable and that such provisions are lawful requirements of this Agreement.

C. 10 DAYS NOTICE.

We have the right to terminate this Agreement effective 10 days after providing written notice to you if:

(1) you or your Owners do not pay when due any monies owed to us or REMAX, LLC;

F. TERMINATION NOT EXCLUSIVE REMEDY.

Termination of this Agreement by us shall not be an exclusive remedy and shall not in any way affect our rights, or the rights of REMAX, LLC, to receive or collect fees, dues or other amounts required to have been paid by you under this Agreement, to enforce the provisions of this Agreement against you or to sue for damages or to pursue any other legal or equitable remedy for a breach of this Agreement by you.

Source: Item 22 — Contracts (FDD pages 108–334)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, a Broker can terminate the agreement with a contractor immediately and without prior notice if the contractor breaches the agreement. In such cases, Remax can pursue any and all legal or equitable remedies available for the breach.

Remax Regional can also terminate the agreement with a franchisee if the franchisee is in material default of an essential condition of the agreement. The FDD specifies that such material default constitutes just and good cause for termination.

Additionally, Remax has the right to terminate the agreement with only 10 days written notice if the franchisee or their owners do not pay monies owed to Remax or REMAX, LLC when due. Termination of the agreement does not prevent Remax or REMAX, LLC from collecting fees or pursuing legal remedies for breaches of the agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.