LEGAL NOTICE

Palma Miami Beach (the "condominium") is being developed, offered and sold by Palma Miami Beach, LLC (the "Developer"), and not by the special purpose entities using the registered service mark "Lefferts"® and its affiliated entities and persons (collectively, "Lefferts" or the "Associated Persons"). The Developer is a separate legal entity from Lefferts and their affiliated entities, partnerships and ventures. Each such company, partnership, and venture is a separate, single-purpose entity that: (a) owns, develops, and/or operates its own real estate project separate, independent, and apart from any such other company, partnership, and venture; and (b) is solely responsible for its own real estate project and its own duties, liabilities and obligations. Any and all statements, disclosures and/or representations shall be deemed made by Developer and not by the Associated Persons, and you agree to look solely to the Developer (and not to the Associated Persons) with respect to any and all matters relating to the marketing and/or development of Palma Miami Beach and with respect to the sales of units in the condominium.

ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, PLEASE SEE BELOW AND REFER TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

The sketches, renderings, graphic materials, plans, specifications, terms, conditions and statements provided are proposed only, and the Developer reserves the right to modify, revise or withdraw any or all of same in its sole discretion and without prior notice. They should not be relied upon as representations, express or implied, of the final details of the residences or the condominium. All stated dimensions and ceiling heights are approximate, and all floor plans and development plans are subject to change. All residence features and finishes and building amenities are subject to change, including, without limitation, changes in manufacturers, brands, amenities, services and/or the design team. The views from units at the condominium will vary depending on the unit purchased. Any view from any unit or from other portions of the property may in the future be limited or eliminated by future development or circumstances or events beyond our control, and the Developer in no manner guarantees the continuing existence of any view. THE INFORMATION AND MATERIALS CONTAINED IN THE SITE ABOUT THE DEVELOPER'S OR ITS AFFILIATES' PROPERTIES AND COMMUNITIES, AND ALL PHOTOS, RENDERINGS, PLANS, PRICES, LAND USES, IMPROVEMENTS, AMENITIES, DIMENSIONS, SPECIFICATIONS, MATERIALS AND AVAILABILITY DEPICTED IN THE SITE OF ANY OF THE DEVELOPER'S OR ITS AFFILIATES' PROPERTIES AND COMMUNITIES ARE CONCEPTUAL IN NATURE AND ARE SUBJECT TO CHANGE OR CANCELLATION WITHOUT NOTICE OR OBLIGATION. SCENES MAY INCLUDE ARTIST'S RENDERINGS, AND MAY BE OF LOCATIONS OR ACTIVITIES NOT ON A PROPERTY OR NOT YET COMPLETED.

The purchase of a condominium unit is intended solely for residential use. While owners may choose to rent their units subject to applicable laws and condominium association rules, neither the Developer nor its affiliates make any representations or guarantees regarding rental income, occupancy rates, or investment returns. This offering is not intended to be, and should not be construed as, an investment opportunity. Any rental activity is the sole responsibility of the unit owner and is not managed, coordinated, or endorsed by the Developer. Prospective buyers are advised to consult with independent legal and financial advisors before making a purchase decision. While short-term rentals are permitted as of the date hereof, there is no guarantee that this will always be the case.

The project graphics, renderings and text provided herein are copyrighted works owned by the Developer. © 2024 Palma Miami Beach LLC, or its respective affiliates or licensors. All rights reserved. Unauthorized reproduction, display or other dissemination of such materials is strictly prohibited and constitutes copyright infringement. This website may contain or reference trademarks, copyrighted materials, trade secrets, technologies, products, processes or other proprietary rights of the Developer or other parties. No license to or right in any such trademarks, copyrighted materials, trade secrets, technologies, products, processes and other proprietary rights of Developer or other parties is granted to or conferred upon you.

THE OFFERING OF UNITS OF THE CONDOMINIUM HAS BEEN REGISTERED WITH BOTH THE STATE OF FLORIDA AND THE NEW YORK ATTORNEY GENERAL UNDER COOPERATIVE POLICY STATEMENT #12 (CPS-12). COMPLETE OFFERING TERMS ARE IN THE CPS-12 APPLICATION AVAILABLE FROM THE DEVELOPER (FILE NO.CP25-0091). ANY MARKETING materials are for informational purposes and not intended to be an offer to sell, or solicitation to buy a unit in the condominium. Such an offering shall only be made pursuant to the prospectus for the PALMA MIAMI BEACH condominium prepared by the Developer. No statements should be relied upon unless made in the prospectus or in the applicable purchase agreement. In no event shall any solicitation, offer or sale of a unit in the condominium be made in, or to residents of, any state or country in which such activity would be unlawful. No statement should be relied upon if not made in the prospectus or purchase agreement. No real estate broker or salesperson is authorized to make any representations or other statements regarding this project, and no agreements with, deposits paid to, or other arrangements made with any real estate broker are or shall be binding on the Developer.

WE ARE PLEDGED TO THE LETTER AND SPIRIT OF U.S. POLICY FOR THE ACHIEVEMENT OF EQUAL HOUSING THROUGHOUT THE NATION. WE ENCOURAGE AND SUPPORT AN AFFIRMATIVE ADVERTISING, MARKETING AND SALES PROGRAM IN WHICH THERE ARE NO BARRIERS TO OBTAINING HOUSING BECAUSE OF RACE, COLOR, SEX, RELIGION, HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN.

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