What sections of the Epcon Communities Franchise Agreement address compliance with statutory obligations?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Obligation | Article(s)/Section(s)/ Paragraph(s) in Agreement or Addendum | Disclosure Document Item |
|---|---|---|
| y. Compliance with statutory obligations | Sections 5.19, 5.20 and 9.2 of the Franchise Agreement; Section 11 of the Non-Disclosure and On-Line Information Access Agreement | Item 1 |
| aa. Modification of development system and architectural plans to comply with building code, permit requirements and other laws | Sections 5.19, 5.20 and 9.2 of the Franchise Agreement | Item 1 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 35–38)
What This Means (2025 FDD)
According to the 2025 Epcon Communities Franchise Disclosure Document, Item 9 details the franchisee's obligations, including compliance with statutory obligations. Specifically, Sections 5.19, 5.20, and 9.2 of the Franchise Agreement, along with Section 11 of the Non-Disclosure and On-Line Information Access Agreement, outline the franchisee's responsibilities in adhering to these statutory obligations. This information is also referenced in Item 1 of the Disclosure Document.
These sections likely cover a range of legal and regulatory requirements that Epcon Communities franchisees must follow in their operations. This could include compliance with building codes, zoning laws, environmental regulations, and other federal, state, and local statutes. Understanding and adhering to these obligations is crucial for franchisees to avoid legal issues and maintain the integrity of the Epcon Communities brand.
Additionally, Sections 5.19, 5.20, and 9.2 of the Franchise Agreement also address the modification of the development system and architectural plans to comply with building codes, permit requirements, and other laws. This highlights the importance of franchisees staying updated on any changes to these regulations and ensuring that their projects meet the necessary standards. Failing to comply with these statutory obligations could result in fines, project delays, or even legal action, all of which could negatively impact the franchisee's business and reputation.