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Disclosure

Disclosures and Risks

The information provided is for informational purposes only. This material should
not be considered a recommendation or personalized advisory advice. TFS
Properties has made this information available from sources it believes are
knowledgeable and reliable. However, TFS Properties makes no representations,
warranties, or guarantees, either express or implied, as to whether the
information presented is accurate, reliable, or current. Any reliance on this
information is at an investor’s own risk. All information presented should be
independently verified. TFS Properties is not a legal or tax professional. It’s
important for readers to consult with a licensed tax professional regarding their
tax situation. Risks associated with investing in Real Estate include, but are not
limited to: cash distributions not being guaranteed; real estate’s illiquidity; risks
associated with owning, managing, operating and leasing real estate property;
possible conflicts of interest among asset managers, property managers, and
other participants; the possibility that a property may be overleveraged; tax law
change risks; interest rate risks; economic risks; risks of terrorism; environmental
risks; liability risks; zoning, city ordinance, and/or legal compliance risks; title and
escrow risks; flood risks; fire risks; credit risks; and risks of obsolescence. TFS
Properties assumes no liability for any damages whatsoever, including any direct,
indirect, punitive, exemplary, incidental, special, or consequential damages
arising out of or in any way connected with any use of any information
presented.

While TFS Properties, Inc. (TFS) uses reasonable efforts to include accurate and up-to-date information, it makes no warranties or representations as to the accuracy of the content and assumes no liability or responsibility for any error or omission in this content. Neither TFS nor any of its employees, agents, affiliates, content providers or licensors of any of them, makes any representation or warranty of any kind regarding the content herein nor of any advertising material, information, products or services available from TFS or through tfsproperties.com, and/or the results that may be obtained from use of tfsproperties.com or such content or its services. Investors in real estate should consult with their own tax and legal advisors before investing in real estate or using the information provided by TFS.  TFS is a licensed real estate broker in California, license 01953354.

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