As a franchisee of Epcon Communities, what information is required in the signature block when signing the receipt?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Date: Signature of Prospective Franchisee, Individually or as an Officer or Partner of: | ||
|---|---|---|
| Name Printed: | ||
| Please sign and date this Receipt as of the date you received the disclosure document. Please return the | ||
| signed, dated Receipt to Epcon Communities Franchising, LLC, 500 Stonehenge Parkway, Dublin, Ohio | ||
| 43017. | Epcon Communities Franchising, LLC Franchise Disclosure Document No.: |
Source: Item 23 — RECEIPTS (FDD pages 86–280)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, when signing the receipt for the disclosure document, a prospective franchisee must include the date, their signature, and their printed name. If the prospective franchisee is signing as an officer or partner of an entity, that should also be indicated. The completed receipt should be returned to Epcon Communities Franchising, LLC at the provided address.
This receipt serves as confirmation that the prospective franchisee received the FDD, which is a crucial step in the franchise sales process. Franchise regulations require franchisors to provide the FDD at least 14 calendar days before any binding agreement is signed or any payment is made. This waiting period allows potential franchisees to thoroughly review the document and seek professional advice before making a final decision.
It is important to sign and return the receipt promptly to document that Epcon Communities has met its disclosure obligations. Failure to provide the FDD within the mandated timeframe could lead to legal issues for the franchisor and provide grounds for the franchisee to later challenge the validity of the franchise agreement. The receipt acts as evidence of compliance with these regulations.