Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 387

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 387
---
 affected by the reduction in commissions and corresponding reduction in the offering price per share of Series B Redeemable
Preferred Stock on such sales.

Settlement Procedures

If your broker-dealer uses
DTC Settlement, then you can place an order for the purchase of shares of Series B Redeemable Preferred Stock through your broker-dealer.
A broker-dealer using this service will have an account with DTC in which your funds are placed to facilitate the anticipated monthly
closing cycle. Orders will be executed by your broker-dealer electronically and you must coordinate with your registered representative
to pay the full purchase price of the shares by the settlement date, which depends on when you place the order during the monthly settlement
cycle and can be anywhere from one to 20 days after the date of your order. This purchase price will not be held in escrow.

Under special circumstances,
you have the option to elect to use DRS Settlement. If you elect to use DRS Settlement, you should complete and sign a subscription agreement
similar to the one filed as an exhibit to the registration statement of which this prospectus is a part, which is available from your
registered representative and which will be delivered to the escrow agent. In connection with a DRS Settlement subscription, you should
pay the full purchase price of the shares of Series B Redeemable Preferred Stock to the escrow agent as set forth in the subscription
agreement. Subscribers may not withdraw funds from the escrow account. Subscriptions will be effective upon our acceptance, and we reserve
the right to reject any subscription in whole or in part.

Irrespective of whether you purchase shares of Series B Redeemable Preferred Stock using DTC Settlement or DRS Settlement, by accepting such shares you will be deemed to have accepted the terms of our charter.

Subject to compliance with
Rule 15c2-4 of the Exchange Act, in connection with purchases using DRS Settlement, our dealer manager or the broker-dealers participating
in this offering promptly will deposit any checks received from subscribers in an escrow account maintained by UMB Bank, N.A. by the end
of the next business day following receipt of the subscriber’s subscription documents and check. In certain circumstances where
the subscription review procedures are more lengthy than customary or pursuant to a participating broker-dealer’s internal supervising
review procedures, a subscriber’s check will be transmitted by the end of the next business day following receipt by the review
office of the dealer, which will then be promptly deposited by