Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 321

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 321
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 Operating Partnership will be resolved in favor of our stockholders, and that we will not be liable for monetary damages for losses
sustained, liabilities incurred or benefits not derived by the limited partners in connection with such decisions.

No Removal of the General Partner

We may not be removed as general partner by the
limited partners with or without cause.

Registration Rights

Pursuant to the terms of
our partnership agreement, one year after the Distribution and subject to certain further conditions as set forth in the partnership
agreement, we will be obligated to file a registration statement covering the issuance or resale of shares of common stock received by
limited partners who held their Partnership Units as of the date of the partnership agreement (including their transferees and assigns)
upon such limited partners’ redemption of their OP Units, under which we will agree:

| · | to use our                                                                             
 commercially reasonable efforts to have the registration statement declared effective; |

| · | to register                                                                                                                     
 or qualify such shares under the securities or blue sky laws of such jurisdictions within the United States as required by law; |

| · | to list our                                                                                                                      
 shares of common stock issued pursuant to the exercise of redemption rights on any securities exchange or national market system 
 upon which our shares of common stock are then listed; and                                                                       |

| · | to indemnify                                                                                                                             
 limited partners exercising redemption rights against all losses caused by any untrue statement of a material fact contained in the      
 registration statement, preliminary prospectus or prospectus or caused by any omission to state a material fact required to be stated    
 or necessary to make the statements therein not misleading, except insofar as such losses are caused by any untrue statement or omission 
 based upon information furnished to us by such limited partners.                                                                         |

As a condition to our obligations with respect
to such registration, each limited partner will agree:

| · | that it will                                                                                                                     
 not offer or sell shares of common stock that are issued upon redemption of its OP Units until such shares have been included in 
 an effective registration statement;                                                                                             |

| · | that if we                                                                                                                             
 propose an underwritten public offering, it will agree not to effect any offer, sale or distribution of our shares of common stock     
 during the period commencing on the tenth day prior to the expected effective date of a registration statement filed with respect      
 to the public offering or commencement date of a proposed offering and ending on the date specified by the managing underwriter for    
 such offering; and to indemnify us and each of our