Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 45

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 45
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. Because such laws vary by state and locality, we must be familiar with and take
all appropriate steps to comply with all applicable landlord-tenant laws, and need to incur supervisory and legal expenses to ensure
such compliance. To the extent that we do not comply with state or local laws, we may be subjected to civil litigation filed by individuals,
in class actions or actions by state or local law enforcement and our reputation and financial results may suffer. We may be required
to pay our adversaries’ litigation fees and expenses if judgment is entered against us in such litigation or if we settle such
litigation.

Furthermore, state and local
governmental agencies may introduce rent control laws or other regulations that limit our ability to increase rental rates, which may
affect our rental income. Especially in times of recession and economic slowdown, rent control initiatives can acquire significant political
support. If rent controls unexpectedly became applicable to certain of our properties, our revenue from and the value of such properties
could be adversely affected.

Additionally, any future
outbreaks of infectious disease, which may include COVID-19 or a future pandemic, as well as measures taken by governmental authorities
and private actors to limit the spread or mitigate the impact thereof, may interfere with the ability of some of our residents to meet
their lease obligations and make their rent payments on time or at all. In such event, jurisdictions and other local and national authorities
may impose restrictions on our ability to enforce residents’ contractual rental obligations and/or to increase rents. While such
measures would likely enable residents to stay in their homes despite an inability to pay because of financial or other hardship stemming
from such events, they are likely to result in loss of rental income and other property income. See “—Our business, results
of operations, financial condition, and cash flows may be adversely affected by pandemics and outbreaks of infectious disease, which
may include COVID-19.”

We may become a target of legal demands, litigation (including class actions), and negative publicity by tenant and consumer rights organizations, which could directly limit and constrain our operations and may result in significant litigation expenses and reputational harm.

Numerous tenant rights and
consumer rights organizations exist throughout the country and operate in our markets, and we may attract attention from some of these
organizations and become a target of legal demands, litigation, and negative publicity. Many such consumer organizations have become
more active and better funded in connection with mortgage foreclosure-related issues, and with the increased market for residential properties
arising from