Motorola Razr Maxx Android Update 2012

There is no date for Android Update.  The press in general states that the update will come by end of the year for phones that's mostly made post 2011.  If the phone doesn't get the update, phone users will get $100 credit toward a new phone.

Reference(s):
http://www.pocket-lint.com/news/46277/jelly-bean-when-update-coming