What sections of the Epcon Communities Franchise Agreement and Non-Disclosure Agreement outline the franchisee's 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 Epcon Communities' 2025 Franchise Disclosure Document, Item 9 outlines 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, detail the franchisee's responsibilities in adhering to these statutory obligations. This information is also referenced in Item 1 of the Disclosure Document.
For a prospective Epcon Communities franchisee, this means that these sections of the agreements will define the legal and regulatory requirements they must meet while operating their franchise. These obligations likely encompass a range of areas, such as building codes, environmental regulations, labor laws, and consumer protection laws. Understanding and complying with these statutory obligations is critical for the franchisee to avoid potential legal issues, fines, or other penalties.
It is also important to note that Sections 5.19, 5.20, and 9.2 of the Franchise Agreement are also related to the modification of the development system and architectural plans to comply with building codes, permit requirements, and other laws. This highlights the importance of understanding and adhering to local regulations when developing Epcon Communities projects. Prospective franchisees should carefully review these sections with legal counsel to ensure they fully understand their responsibilities and can operate their franchise in compliance with all applicable laws and regulations.