Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 258

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 258
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and recast the vote.

As soon as reasonably practicable
after receiving notice from us that shares of our stock have been transferred to the trust (and no later than 20 days after receiving
notice in the case of shares of Series A Redeemable Preferred Stock that are listed or admitted to trading on a national securities
exchange), the trustee will sell the shares to a person designated by the trustee whose ownership of the shares will not violate the above
ownership limitations. Upon the sale, the interest of the beneficiary in the shares sold will terminate and the trustee will distribute
the net proceeds of the sale to the record holder of the shares that are designated as shares-in-trust (the “Prohibited Owner”),
and to the beneficiary as follows. The Prohibited Owner generally will receive from the trust the lesser of:

| · | the                                                                                                                                   
 price paid by the Prohibited Owner paid for the shares of capital stock that were designated as shares-in-trust or, if the Prohibited 
 Owner did not give value for the shares in connection with the event causing the shares to be held in trust, the market price per     
 share on the date of the event causing the shares to be held in trust; or                                                             |

| · | the                                                                                                                                  
 price per share received by the trustee from the sale or other disposition of such shares-in-trust, net of any commissions and other 
 expenses of sale.                                                                                                                    |

The trustee may reduce the amount payable to the Prohibited Owner by the amount of dividends and other distributions that have been paid to the Prohibited Owner and are owed by the Prohibited Owner to the trustee. The trust will distribute to the beneficiary any amounts received by the trust in excess of the amounts to be paid to the Prohibited Owner. If, prior to our discovery that shares of our stock have been transferred to the trust, the shares are sold by the proposed transferee, then the shares will be deemed to have been sold on behalf of the trust and, to the extent that the Prohibited Owner received an amount for the shares that exceeds the amount the Prohibited Owner was entitled to receive, the excess shall be paid to the trustee upon demand.

In addition, the shares-in-trust will be deemed to have been offered for sale to us, or our designee, at a price per share equal to the lesser of:

| · | the                                                                                                                                  
 price per share in the transaction that created such shares-in-trust or, in the case of a gift or devise, the market price per share 
 on