What is the required action for a prospective franchisee of Epcon Communities upon receiving the disclosure document?

According to Epcon Communities' 2025 Franchise Disclosure Document, upon receiving the disclosure document, a prospective franchisee must sign and date the Receipt included as Exhibit U. This receipt should be signed as of the date the disclosure document was received. The signed and dated receipt must then be returned to Epcon Communities Franchising, LLC at 500 Stonehenge Parkway, Dublin, Ohio 43017.

This receipt serves as an acknowledgment that the prospective franchisee has received the FDD, which contains important information about the Epcon Communities franchise opportunity. Franchise regulations typically require franchisors to provide this document to potential franchisees well in advance of signing any agreements or making payments, to allow them sufficient time to review the opportunity.

Furthermore, the FDD states that Epcon Communities must provide the disclosure document to you 14 calendar days before you sign a binding agreement or make a payment. New York requires that Epcon Communities give you the disclosure document at the earlier of the first personal meeting or 10 business days before the execution of the franchise agreement or the payment of any consideration. Michigan requires at least 10 business days before the execution of any binding agreement or payment of any consideration, whichever occurs first. This timeframe allows the prospective franchisee to carefully consider the terms of the franchise and seek professional advice if needed. Failing to provide the FDD within the specified timeframes may constitute a violation of federal and state laws, which should be reported to the Federal Trade Commission and the relevant state agency listed in Exhibit O of the FDD.