Besides the franchise agreement, what other agreement does Epcon Communities require the franchisee to execute at the same time?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee acknowledges that execution of either an Initial Market Area Agreement or a Market Area Agreement is required at the same time as the execution of this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 86–280)
What This Means (2025 FDD)
According to the 2025 Epcon Communities Franchise Disclosure Document, franchisees must execute either an Initial Market Area Agreement or a Market Area Agreement at the same time as the Franchise Agreement. These agreements define the specific location and area where the franchisee is authorized to develop homes using the Epcon Communities system.
The Initial Market Area Agreement is referenced as Exhibit "1", while the Market Area Agreement is referenced as Exhibit "2" within the Franchise Agreement. These exhibits are attached to the Franchise Agreement, indicating their integral role in defining the scope and territory of the franchise.
Prospective franchisees should carefully review both the Franchise Agreement and the applicable Market Area Agreement (either Initial or standard) to fully understand their rights, obligations, and territorial boundaries. Understanding these agreements is crucial for planning and executing their Epcon Communities franchise effectively.