Who is responsible for remitting the Point of Closing Royalty Payment to Epcon Communities?

According to Epcon Communities' 2025 Franchise Disclosure Document, the franchisee is responsible for paying the Point of Closing Royalty Payment. The FDD states that the franchisee must also notify the escrow agent, attorney, or any other person conducting closings for units in the project of the franchisee's obligation to pay Point of Closing Royalty payments to Epcon Communities.

This means that as an Epcon Communities franchisee, you are directly responsible for ensuring that Epcon Communities receives the required royalty payments when a unit in your project closes. This involves not only making the payment but also informing relevant parties involved in the closing process about this financial obligation.

This requirement ensures that Epcon Communities' financial interests are protected and that all parties involved in the transaction are aware of the royalty obligations. The franchisee's responsibility to inform the closing agents highlights the importance of transparency and adherence to the franchise agreement's financial terms.