Up to what date did Remax management evaluate company activity for subsequent events?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
Management evaluated the activity of the Company through March 28, 2025, which is the date the financial statements were issued and concluded that, other than as disclosed in Note 11, Commitments and Contingencies, no subsequent
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, management evaluated company activity through March 28, 2025, to identify any events that might require recognition or disclosure in the financial statements. This evaluation period extends from the end of the fiscal year, December 31, 2024, to the date the financial statements were issued.
This subsequent event evaluation is a standard accounting practice. It ensures that the financial statements reflect the most current information available. Events occurring after the balance sheet date but before the financial statements are issued can provide important insights into the company's financial condition.
For a potential Remax franchisee, this means the FDD's financial information incorporates any significant events that occurred in early 2025 up to March 28, 2025. Note 11, Commitments and Contingencies, may contain further details on these events.