Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 222

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 222
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 jurisdiction, or those incurred in connection with our
Manager’s proper release of our money or other property.

We agree to indemnify and
hold harmless our Manager, its officers, members, managers, directors, personnel, affiliates and any person providing sub-advisory services
to our Manager with respect to all expenses, losses, damages, liabilities, demands, charges and claims in respect of or arising from acts
or omissions of such indemnified party not constituting bad faith, willful misconduct, gross negligence, or reckless disregard of duties,
performed in good faith in accordance with and pursuant to the Management Agreement as determined by a final, non-appealable order of
a court of competent jurisdiction, or those incurred in connection with our Manager’s proper release of our money or other property,
as set forth in the Management Agreement. Additionally, we agree to advance funds to any of the indemnified parties for legal fees and
other costs and expenses incurred as a result of any claim, suit, action or proceeding for which indemnification is sought, provided that
such indemnified party undertakes to repay the advanced funds to us in the event it is ultimately determined that indemnification is not
appropriate. Our Manager agrees to indemnify and hold harmless us, our directors and officers, personnel, agents and affiliates with respect
to all expenses, losses, damages, liabilities, demands, charges and claims in respect of or arising from acts or omissions of our Manager
constituting bad faith, willful misconduct, gross negligence or reckless disregard of its duties under the Management Agreement or any
claims by our Manager’s personnel relating to the terms and conditions of their employment by our Manager. Our Manager carries errors
and omissions and other customary insurance naming us and our Operating Partnership as additional insureds.

Management Team

Pursuant to the terms of the
Management Agreement, our Manager will be required to provide us with our management team, including a president, treasurer and secretary,
along with appropriate support personnel, to provide the management services to be provided by our Manager to us. None of the officers
or employees of our Manager or its affiliates will be dedicated exclusively to us.

Our Manager will be required
to refrain from any action that, in its sole judgment made in good faith, (1) is not in compliance with the investment guidelines,
(2) would adversely and materially affect our qualification as a REIT or the Operating Partnership as a partnership under the Code
or our status as an entity exempted or excluded from investment company