View of Jemez Mountains from the property.

PROPERTY OVERVIEW

Disclaimer

All materials and information received or derived from Sellers, or, without limitation, their agents, advisors, managers, representatives, contractors, attorneys, property manager, affiliates and/or any third party sources (collectively, “Seller Parties”) are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the Property, compliance or lack of compliance with applicable governmental requirements, ability to develop or suitability, financial performance of the Property, projected financial performance of the Property for any party’s intended use or any and all other matters. Neither Sellers nor the Seller Parties,  make any guaranties, representation or warranty of any kind or character, express or implied, statutory, oral or written, past, present, or future as to accuracy or completeness of the materials or information provided, derived, or received or in respect to the Property, including, without limitation, the following, whether patent or latent: (i) matters of title; (ii) environmental matters relating to the Property or any portion thereof; (iii) geological conditions, including, without limitation, subsidence, subsurface conditions, water table, underground water reservoirs, limitations regarding the withdrawal of water and earthquake faults and the resulting damage of past and/or future earthquakes; (iv) whether, and to the extent to which the Property or any portion thereof is affected by any stream (surface or underground), body of water, flood prone area, flood plain, floodway or special flood hazard, (v) drainage, (vi) soil conditions, including the existence of instability, past soil repairs, soil additions or conditions of soil fill, or susceptibility to landslides; (vii) zoning and public or private land use restrictions or covenants to which the Property or any portion thereof may be subject which are contained in public records, (viii) the availability of any utilities to the Property or any portion thereof including, without limitation, water, sewer gas and electric, (ix) usages of adjoining properties, (x) public access to the Property or any portion thereof, (xi) the value, size, location, use, quality, description, habitability, suitability, operation, or physical or financial condition of the Property or any portion thereof; (xii) the presence of Hazardous Substances (hereinafter defined) in or on, under or in the vicinity of the Property; (xiii) the condition or use of the Property or compliance of the Property with any or all past, present or future federal, state or local ordinances, rules, regulations or laws, building, fire or zoning ordinances, codes or other similar laws, including, without limitation, the Americans with Disabilities Act, or any other statute, law, ordinance, code, rule, or regulation; (xiv) the current or past existence or non-existence of underground storage tanks; (xv) the potential for further development of the Property; (xvi) the existence of land use, zoning or building entitlements affecting the Property; or (xvii) the habitability, merchantability, or suitability of the Property or fitness of the Property for any particular purpose (Buyer affirming that Buyer has not relied on the skill or judgment of any of the Seller Parties to select or furnish the Property for any particular purpose, and that Seller makes no warranty that the Property is fit for any particular purpose).   Materials and information from the Seller, Seller Parties, or any source, whether written or verbal, that may be furnished for review shall not substitute for a party’s active conduct of its own due diligence and investigation into the Property and its conditions to determine these and other matters of significance to such party. Sellers will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE INTO THE CONDITION OF THE PROPERTY AND WHETER IT WILL SUIT THE BUYER’S INTENDED USE AND PURPOSES. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sellers make no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sellers do not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market sales and/or projected sales that may be provided to a party do not necessarily mean that sales can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental requirements and limitations as well as market conditions and other issues in order to determine sales for the Property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the Property and whether the Property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies.