Upon termination of my relationship with Remax, what am I required to do with the Broker 101 materials?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
I understand and acknowledge that any and all materials that I receive as part of RE/MAX, LLC's Broker Management & Recruiting Course (also known as "Broker 101"), as well as the other materials that I receive in connection with my affiliation with RE/MAX, LLC (collectively, "Materials") have been developed at great expense and are the confidential property of RE/MAX, LLC. I acknowledge that possession of such Materials is considered a loan of assets and I understand that I must immediately return such Materials to RE/MAX, LLC upon the termination of my relationship with RE/MAX, LLC or the independent RE/MAX region with which I am affiliated.
I further understand and agree that I will use all confidential and proprietary information and Material that I receive from RE/MAX, LLC solely and exclusively in connection with my operation of a RE/MAX franchise and I agree not to use them in connection with any other business endeavor. Moreover, I agree not to share them with anyone for any purpose that is not in connection with the operation of my RE/MAX office.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, any and all materials received as part of the Broker Management & Recruiting Course (Broker 101) are confidential property of Remax, LLC. These materials are considered a loan of assets. Upon termination of the relationship with Remax or the independent Remax region, you must immediately return these materials.
This requirement ensures that Remax maintains control over its proprietary information and training methods. The Broker 101 materials, developed at great expense, are intended for use solely in connection with the operation of a Remax franchise. Franchisees are prohibited from using these materials in any other business endeavor or sharing them with anyone for purposes outside the operation of their Remax office.
This provision is typical in franchising, as franchisors need to protect their intellectual property and maintain consistency across their franchise network. By requiring the return of confidential materials upon termination, Remax aims to prevent unauthorized use of its training programs and maintain a competitive advantage.