Under the Epcon Communities franchise agreement, which item in the Disclosure Document discusses transfer obligations?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
obligations in these agreements and in other items of this disclosure document.**
Franchise Agreement, Other Agreements and Addenda
| Obligation | Article(s)/Section(s)/ Paragraph(s) in Agreement or Addendum | Disclosure Document Item |
|---|---|---|
| r. |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 35–38)
What This Means (2025 FDD)
According to Epcon Communities's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, and it indicates which items in the disclosure document provide more details on these obligations. Specifically, when it comes to transfer obligations under the franchise agreement, Items 6 and 17 of the Disclosure Document contain relevant information.
Item 6 likely discusses the fees and costs associated with transferring the franchise, while Item 17 probably covers the terms and conditions related to the transfer, such as franchisor approval, training requirements for the new franchisee, and any other stipulations that must be met for the transfer to be approved.
Therefore, a prospective Epcon Communities franchisee should carefully review Article 12 of the Franchise Agreement, Section 2 of the Sublicense Agreement, Section 5 of the Market Hold Agreement, as well as Items 6 and 17 of the FDD to fully understand their obligations and the process involved in transferring their franchise.