factual

What documentation must an Epcon Communities franchisee provide when requesting modifications to the Development System?

Epcon_Communities Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Assignee fully complies with the terms of the Franchise Agreement and Market Area Agreement or Small Market Area Agreement, as applicable, including without limitation, upon its decision to use the Development System to complete a Project or Projects, providing to Epcon Communities copies of the documents attached as Exhibit "2" and/or Exhibit "2A" to the Franchise Agreement executed by those individuals who will be acting on behalf of Assignee in completing any Project(s) and will be provided more detailed information regarding the Development System than has been provided to the general public.
    1. In the event that Epcon Communities must hold initial training sessions for the benefit of Assignee, or Assignee's agents and employees, Assignee agrees to pay to Epcon Communities a reasonable tuition fee for each attendee attending such training.

Source: Item 23 — RECEIPTS (FDD pages 86–280)

What This Means (2025 FDD)

The 2025 Epcon Communities Franchise Disclosure Document outlines specific documentation requirements when an existing franchisee (referred to as an 'Assignor') transfers their rights to a new franchisee ('Assignee') and the Assignee intends to use the Development System to complete a project. In this scenario, the Assignee must provide copies of documents attached as Exhibit "2" and/or Exhibit "2A" of the Franchise Agreement. These documents must be executed by individuals acting on behalf of the Assignee who will be involved in completing any project and who will receive detailed information about the Development System.

This requirement ensures that Epcon Communities maintains control over who has access to their proprietary Development System and that all parties involved understand their obligations. By requiring specific documentation, Epcon Communities can verify that the Assignee is qualified and committed to using the Development System correctly. This protects the integrity of the system and the brand's reputation.

Prospective franchisees should carefully review Exhibits 2 and 2A of the Franchise Agreement to understand exactly what information and signatures are required. They should also be prepared to cover tuition fees for any initial training sessions that Epcon Communities deems necessary for the Assignee or their agents and employees. Understanding these requirements is crucial for a smooth transition and continued compliance with the franchise 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.