Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 364

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 364
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 transactions in which
we might seek to engage could constitute “prohibited transactions” under ERISA and the Code.

Representation

Accordingly, by acceptance
of the shares of our Series A Redeemable Preferred Stock each purchaser or subsequent transferee of such shares of Series A
Redeemable Preferred Stock will be deemed to have represented and warranted either that (i) no portion of such purchaser’s
or transferee’s assets used to acquire such shares constitutes assets of any benefit plan investor or (ii) the purchase of
our Series A Redeemable Preferred Stock by such purchaser or transferee will not constitute a non-exempt prohibited transaction under
Section 406 of ERISA or Section 4975 of the Code or similar violation under any applicable Similar Laws. Each purchaser or subsequent
transferee of our shares of Series A Redeemable Preferred Stock also will be deemed to have represented or warranted that the shares
will not be transferred to any benefit plan investor or Controlling Person until each outstanding series and class of our capital stock
qualifies as a “publicly-offered security” or we qualify for another exception to the DOL Plan Asset Regulations (other than
the exception for satisfying the insignificant participation test).

The foregoing discussion is
general in nature, is not intended to be all-inclusive, and is based on laws in effect on the date of this prospectus. Such discussion
should not be construed as legal advice. Due to the complexity of these rules and the penalties that may be imposed upon persons
involved in non-exempt prohibited transactions, it is particularly important that fiduciaries, or other persons considering purchasing
shares of our Series A Redeemable Preferred Stock on behalf of, or with the assets of, any Plan consult with counsel regarding the
potential applicability of ERISA, Section 4975 of the Code and Similar Laws to such investment and whether an exemption would be
applicable to the purchase of shares of our Series A Redeemable Preferred Stock.

The foregoing discussion is general in nature and is not intended to be all-inclusive. Due to the complexity of these rules and the penalties that may be imposed upon persons involved in non-exempt prohibited transactions, it is particularly important that fiduciaries, or other persons considering purchasing our Series A Redeemable Preferred Stock on behalf of, or with the assets of, any Plan, consult with their counsel regarding the potential applicability of ERISA, Section 4975 of the Code and any Similar Laws to such investment and whether an exemption