Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 305

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 305
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 (2) acquisitions approved or exempted by the charter or bylaws of the corporation.

Our bylaws contain a provision
exempting from the control share acquisition statute any and all acquisitions by any person of our stock. We cannot assure you that such
provision will not be amended or eliminated at any time in the future.

Subtitle 8

Subtitle 8 of Title 3 of
the MGCL permits a Maryland corporation with a class of equity securities registered under the Exchange Act and at least three independent
directors to elect to be subject, by provision in its charter or bylaws or a resolution of its board of directors and notwithstanding
any contrary provision in the charter or bylaws, to any or all of the following five provisions:

| · | a classified board; |

| · | a two-thirds vote requirement for 
 removing a director;              |

| · | a requirement that the number of                  
 directors be fixed only by vote of the directors; |

<div align='center'>142</div>

| · | a requirement                                                                                                                    
 that a vacancy on the board be filled only by the affirmative vote of a majority of remaining directors and for the remainder of 
 the full term of the directorship in which the vacancy occurred; and                                                             |

| · | a majority requirement for the calling                      
 of a stockholder-requested special meeting of stockholders. |

We have elected to be subject
to the provisions of Subtitle 8 that require that vacancies on our board of directors may be filled only by the remaining directors and
that any director elected by the board of directors shall serve for the remainder of the full term of the directorship in which the vacancy
occurred. Through provisions in our charter and bylaws unrelated to Subtitle 8, we have vested in our board of directors the exclusive
power to fix the number of directorships and require, unless called by the president, the chief executive officer, the chairman of the
board or our board of directors, the request of stockholders entitled to cast at least a majority of the votes entitled to be cast on
any matter that may properly be considered at a meeting of stockholders to call a special meeting to act on such matter.

Stockholders’ Meetings

An annual meeting of our
stockholders will be held each year on the date and at the time and place, if any, set by our board of directors for the purpose of electing
directors and for the transaction of such other business as may properly come before the meeting. A special meeting of