What is the effective period of the Epcon Communities franchise term?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Article or Section in Market Hold Agreement | Summary | |
|---|---|---|---|
| a. | Length of the franchise term | Section 2 | Reserved Market Area will be held for 6 months. |
| Provision | Article or Section in Mortgage | Summary | |
| ---- | --------------------------------------------------- | -------------------------------------- | ----------------------------------------------------- |
| a. | Length of the franchise term | Paragraph E | Mortgage remains in effect until termination by us. |
| Provision | Section of Sublicense Agree ment | Summary | |
| --- | --- | --- | |
| i. Franchisee’s obligations on termination/non-renewal | Section 5 | Cease use and, if applicable, return to us, the Marks, Epcon Communities Works, Development System or systems or parts of the Development System; cancel recording of Sublicense Agreement in all governmental records. | |
| Provision | Article in Non- Disclosure and On-Line Information Access Agreement | Summary | |
| --- | --- | --- | |
| a. Length of the franchise term | Section 14 | Effective date until termination. | |
| q. Non-competition covenants during the term of the franchise | Section 10 | You may not create a web site using Epcon, epcon.com, epconhomesandcommunities.com, epconcommunities.com, epconfranchising.com, EpconOpportunity.com and/or |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 55–69)
What This Means (2025 FDD)
According to the 2025 FDD, the length of the Epcon Communities franchise term varies depending on the specific agreement. For the general Franchise Agreement, the term extends from the effective date until termination, as detailed in Section 14. The Market Hold Agreement, however, specifies a term of 6 months, as stated in Section 2. The Mortgage remains in effect until terminated by Epcon Communities, according to Paragraph E.
For the Sublicense Agreement, the FDD does not specify a fixed term length. Instead, non-competition covenants outlined in Sections 10.6 and 13.7 of the Franchise Agreement apply during the term of the Sublicense Agreement. This implies that the Sublicense Agreement's duration is tied to the Franchise Agreement's active period.
It's important to note that the Copyright & Assignment Agreement does not specify a length of term. Prospective franchisees should carefully review each agreement to understand the specific terms and conditions, including the duration, termination clauses, and renewal options, as these vary across the different agreements associated with the Epcon Communities franchise.