Does the Epcon Communities Franchise Disclosure Document include a Mortgage agreement as an exhibit?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit E | Personal Covenants and Agreement of Principal, Officer, Director, Owner, Investor or Partner of Franchisee |
|---|---|
| Exhibit F | Personal Covenants and Agreement of One Provided Detailed Knowledge of the Development System |
| Exhibit G | Market Hold Agreement |
| Exhibit H | Sublicense Agreement |
| Exhibit I | Lender Assignment Agreement |
| Exhibit J | Mortgage |
| Exhibit K | Non-Disclosure and On-Line Information Access Agreements |
| Exhibit L | Copyright Assignment & Agreement |
| Exhibit M | Security Agreement |
| Exhibit N | Termination and Release Agreement |
| Exhibit O | List of State Administrators |
| Exhibit P | List of Agents for Service of Process |
| Exhibit Q | List of Copyrights |
| Exhibit R | Termination and Release agreement |
| Exhibit S | Technology Royalty Addendum to Franchise Agreement |
| Exhibit T | State Addenda to the Franchise Disclosure Document and Agreements |
| Exhibit U | Receipt Pages |
Source: Item 22 — CONTRACTS (FDD pages 85–86)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, a Mortgage agreement is included as an exhibit. Specifically, Exhibit J lists "Mortgage" as one of the documents attached to the disclosure document. This indicates that prospective franchisees will have access to a sample or template of a mortgage agreement as part of the FDD.
The inclusion of a Mortgage agreement as an exhibit suggests that financing and real estate are important aspects of the Epcon Communities franchise model. Franchisees may need to secure mortgages for land acquisition, construction, or other business-related expenses. Having a sample agreement can be beneficial for understanding the terms and conditions that lenders may require.
It is important for potential Epcon Communities franchisees to carefully review the Mortgage agreement exhibit and understand its implications. While the exhibit provides a sample, franchisees should consult with legal and financial professionals to ensure they fully understand their rights and obligations when entering into a mortgage agreement. They should also compare the terms of the sample agreement with those offered by different lenders to secure the most favorable financing options.