DISCLAIMER AND ACKNOWLEDGMENT

By clicking “I Agree” and paying the US $2,000 fee (the “Set Aside Fee”), Prospect acknowledges and agrees as follows:

No Contract for Sale

The Set Aside Fee is paid solely to request a temporary reservation opportunity for a condominium unit. The Set Aside Fee does not constitute a contract for sale, does not convey any interest in real property, and does not obligate Prospect or Developer to enter into a purchase. Prospect recognizes that the temporary reservation opportunity is only an expression of Prospect’s interest in acquiring a condominium unit in the proposed condominium.

Developer Acceptance

A reservation request is not effective unless and until accepted by Developer in writing, which may be provided electronically, subject to applicable law. Developer may reject or cancel a reservation request in its sole discretion, including due to availability, compliance review, or administrative reasons. If a reservation request is not accepted, the Set Aside Fee shall be refunded in accordance with the Performance Period below.

Handling of Set Aside Fee

The Set Aside Fee is initially processed and held through Developer’s Stripe payment account for administrative and payment processing purposes for up to forty-eight (48) hours following payment. After such processing period, the Set Aside Fee is automatically transferred by the Developer to an independent escrow agent to be held in escrow pending either (i) mutual execution of a Purchase and Sale Agreement or (ii) expiration of the Performance Period described below. The Set Aside Fee is not a reservation deposit or purchase deposit under Florida condominium law and shall not be used for construction or development purposes.

Purchase Agreement Required

Any purchase of a condominium unit shall occur only pursuant to a written Purchase and Sale Agreement and the condominium documents required by Florida law, each as finally delivered and mutually executed by Prospect and Developer. All deposits, escrow terms, statutory rights, rescission rights, and refundability shall be governed exclusively by the Purchase and Sale Agreement and applicable Florida law. The Set Aside Fee does not create or modify any such rights.

Performance Period

Prospect shall execute and return the Purchase and Sale Agreement and all required accompanying documents within fifteen (15) calendar days following payment of the Set Aside Fee (the “Performance Period”). “Mutually executed” means signed by Prospect and countersigned by Developer. If the Purchase and Sale Agreement is not mutually executed within the Performance Period or if Prospect requests a refund of the Set Aside Fee in writing, the reservation request shall automatically expire and Developer shall initiate a refund of the Set Aside Fee to the original method of payment within ten (10) business days, subject to payment processor and banking timelines. No interest shall be payable on the Set Aside Fee. The liability of Developer hereunder is at all times strictly and solely limited to the return of the Set Aside Fee.

No Reliance on Marketing Materials

Prospect acknowledges that all renderings, floor plans, dimensions, square footages, pricing, features, amenities, specifications, and completion timelines are conceptual only, subject to change without notice, and do not constitute representations or warranties.

Statutory Disclosure

ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE MUST BE MADE TO THE FINAL PURCHASE AND SALE AGREEMENT AND THE CONDOMINIUM DOCUMENTS REQUIRED BY FLORIDA LAW.

Electronic Delivery and Signatures

Prospect consents to receive the Purchase and Sale Agreement, condominium documents, notices, and disclosures electronically, and to execute documents electronically, subject to the laws of the State of Florida.

Governing Law

This disclaimer and the reservation request shall be governed exclusively by the laws of the State of Florida.

Important Notice for New York Residents

The complete offering terms are in the CPS-12 application available from sponsor, Wynwood Rider, LLC. File No. CP25-0108.

ACKNOWLEDGMENT

Prospect acknowledges having read, understood, and agreed to the foregoing Disclaimer and Acknowledgment prior to submitting payment.

Terms & Conditions

To qualify for the $75 000 discount, buyers will need to complete the following criteria:

  1. Complete their Buyer Profile to activate their discount on the price list
  2. Pay the $2000 reservation deposit to reserve your unit
  3. Sign an Agreement of Sale
  4. All pre-construction deposits are to be paid on time, as stipulated in the agreement of sale.

The incentives and discounts are for a limited period only and are subject to:

  1. The Developer achieving sufficient sales and all other approvals necessary for the registration of The Rider to proceed;
  2. The Purchaser complying fully with all the conditions as contained in the Agreement of Sale without the Developer having to issue a breach notice. Should the Developer issue a breach notice, and in addition to any other remedies that the Developer has in terms of the signed Agreement of Sale, any value added to the unit as a result of the incentive or discount may at the Developer’s discretion be billed by the Developer and will be payable by the Purchaser on presentation of an invoice, or if the incentive is a cash amount the Developer may cancel payment of such cash amount.

In the unlikely event that a unit is double booked, the buyer that paid their reservation deposit first (recorded by digital timestamp) will secure the unit. The second buyer shall be refunded should they not find a suitable replacement unit.

By accepting the terms and conditions, the client consents to receive communication from the developers and associated marketing company.