Terms and Conditions

THESE MATERIALS ARE MEANT TO BE USED AS AN OVERVIEW OF BRE/POINT PARCEL L. L. C., A DELAWARE LIMITED LIABILITY COMPANY ("DEVELOPER") AND ITS PROJECT, OCEAN RESIDENCES AT BOCA BEACH CLUB, A CONDOMINIUM ("ONE THOUSAND OCEAN") AND IN NO WAY WHATSOEVER SHOULD THE INFORMATION CONTAINED HEREIN BE RELIED ON FOR FINANCIAL, TAX, ACCOUNTING, INVESTMENT, BUSINESS OR LEGAL ADVICE. ALL ITEMS ARE SUBJECT TO MODIFICATION, CHANGE AND/OR BEING WITHDRAWN AT ANY TIME IN THE SOLE DISCRETION OF DEVELOPER. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS MAKE REFERENCE TO THE INFORMATION CONTAINED HEREIN AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. THE ONE THOUSAND OCEAN BUILDING IS COMPLETE. NO FURTHER IMPROVEMENTS TO THE ONE THOUSAND OCEAN BUILDING ARE PLANNED AT THIS TIME AND THE DEVELOPER IS NOT OBLIGATED TO PROVIDE OR COMPLETE ANY ADDITIONAL FACILITIES OR AMENITIES. PROSPECTIVE PURCHASERS SHOULD VISIT ONE THOUSAND OCEAN AND SEE WHAT HAS BEEN PROVIDED PRIOR TO MAKING ANY PURCHASE DECISIONS. ALL MAPS ARE ARTIST RENDERINGS, FOR RELATIVE LOCATION PURPOSES ONLY, AND ARE NOT TO SCALE. ACTUAL DISTANCES MAY VARY. ACTUAL IMPROVEMENTS MAY VARY FROM ARTIST RENDERINGS AND PHOTOGRAPHS AND ARE USED SOLELY FOR ILLUSTRATIVE PURPOSES. ACTUAL VIEWS MAY VARY AND CERTAIN VIEWS MAY NOT BE AVAILABLE IN ALL UNITS. VIEWS SHOWN CANNOT BE RELIED UPON AS THE ACTUAL VIEW FROM ANY PARTICULAR UNIT WITHIN ONE THOUSAND OCEAN. PROSPECTIVE PURCHASERS SHOULD BE AWARE THAT ANY VIEW FROM ONE THOUSAND OCEAN MAY IN THE FUTURE BE LIMITED OR ELIMINATED BY FUTURE DEVELOPMENT OR FORCES OF NATURE AND THE DEVELOPER IN NO MANNER GUARANTEES THE CONTINUING EXISTENCE OF ANY VIEW FROM ONE THOUSAND OCEAN. FURTHER, DEVELOPER HEREBY GIVES NOTICE TO PROSPECTIVE PURCHASERS THAT DEVELOPER MAKES NO COMMITMENT OR REPRESENTATION CONCERNING THE DEVELOPMENT OF ANY PROPERTY IN PROXIMITY TO, OR VISIBLE FROM, ONE THOUSAND OCEAN. UNIT PRICING AND FEATURES SUBJECT TO CHANGE WITHOUT NOTICE. INTERIOR PHOTOS SHOWN MAY DEPICT OPTIONS AND UPGRADES AND ARE NOT REPRESENTATIVE OF STANDARD FEATURES AND MAY NOT BE AVAILABLE FOR ALL MODEL TYPES. ALL FIXTURES, FURNITURE AND ITEMS OF FINISH AND DECORATION OF UNITS DESCRIBED HEREIN ARE FOR DISPLAY ONLY AND MAY NOT TO BE INCLUDED WITH THE UNIT. CONSULT THE FLORIDA PROSPECTUS FOR A DESCRIPTION OF THOSE FEATURES WHICH ARE TO BE INCLUDED IN THE UNITS. THE TERM "OCEAN CLUB" REFERS TO COMMON ELEMENT AMENITIES LOCATED WITHIN ONE THOUSAND OCEAN AND MAINTAINED BY THE OCEAN RESIDENCES AT BOCA BEACH CLUB CONDOMINIUM ASSOCIATION, INC. BEING A PART OF THE ONE THOUSAND OCEAN CONDOMINIUM, THE OCEAN CLUB AMENITIES ARE PROVIDED TO UNIT OWNERS AND MAINTAINED FROM ASSESSMENTS ASSOCIATED WITH THE OWNERSHIP OF A UNIT IN ONE THOUSAND OCEAN. THE OCEAN CLUB IS NOT A SEPARATE CLUB REQUIRING ADDITIONAL MEMBERSHIP BY UNIT OWNERS IN ONE THOUSAND OCEAN. ADDITIONALLY, UNIT OWNERS IN ONE THOUSAND OCEAN HAVE THE OPTION TO PURCHASE A SEPARATE MEMBERSHIP TO THE BOCA BEACH CLUB THROUGH THE BOCA RATON RESORT & CLUB (THE "PREMIER CLUB MEMBERSHIP"). THE SERVICES, AMENITIES, FACILITIES, PROGRAMS, EVENTS, AND ACTIVITIES (COLLECTIVELY, THE PREMIER CLUB SERVICES) LISTED AND DESCRIBED HEREIN ARE EXAMPLES OF SERVICES THAT MAY BE MADE AVAILABLE TO UNIT OWNERS WHO PURCHASE A PREMIER CLUB MEMBERSHIP TO THE BOCA BEACH CLUB. A PREMIER CLUB MEMBERSHIP IS NOT INCLUDED WITH THE PURCHASE OF A UNIT IN ONE THOUSAND OCEAN. ADDITIONAL FEES, INCLUDING, BUT NOT LIMITED TO, USAGE AND SPA-RELATED ACTIVITIES MAY APPLY. A PREMIER CLUB MEMBERSHIP IS ONLY AVAILABLE UPON FILING AN APPLICATION FOR MEMBERSHIP WITH THE OWNER OF THE BOCA RATON RESORT & CLUB, BEING ACCEPTED AS A MEMBER BY THE OWNER OF THE BOCA RATON RESORT & CLUB, AND MAKING PAYMENT OF ALL INITIATION FEES AND CONTINUED PAYMENT OF ANNUAL DUES AND OTHER CHARGES. A PREMIER CLUB MEMBER MAY ALSO ACQUIRE A GOLF COURSE MEMBERSHIP UPON MAKING AN ADDITIONAL APPLICATION AND PAYING ADDITIONAL MEMBERSHIP FEES, DUES AND USAGE AS ESTABLISHED BY THE BOCA RATON RESORT & CLUB WHICH WILL ADD THE AVAILABILITY OF THE GOLF FACILITIES OWNED AND MAINTAINED FOR THE BENEFIT OF THE BOCA RATON RESORT & CLUB. ACQUIRING A UNIT IN ONE THOUSAND OCEAN IS SEPARATE AND APART FROM ACQUIRING A PREMIER CLUB MEMBERSHIP. ALL OF THE PREMIER CLUB SERVICES SHOWN OR LISTED HEREIN MAY BE SUBSTITUTED, REPLACED, OR NOT PROVIDED AT ALL IN THE SOLE DISCRETION OF THE OWNER OF THE BOCA RATON RESORT & CLUB. THE DEVELOPER OF ONE THOUSAND OCEAN IS NOT THE OWNER OF THE BOCA RATON RESORT & CLUB AND IS NOT RESPONSIBLE FOR AND MAKES NO REPRESENTATIONS AS TO THE DEVELOPMENT AND CONTINUED AVAILABILITY OF CLUB FACILITIES WITHIN THE BOCA RATON RESORT & CLUB, ALL OF WHICH ARE SUBJECT TO THE COMPLETE DISCRETION OF, THE OWNER OF THE BOCA RATON RESORT & CLUB. PROSPECTIVE PURCHASERS SHOULD EXAMINE THE OFFERING OF THE BOCA RATON RESORT & CLUB AND MAKE THEIR OWN DETERMINATION OF WHAT IS AND WHAT IS NOT PROVIDED AND THE ATTENDANT COSTS OF JOINING, MAINTAINING A MEMBERSHIP AND USE OF THE FACILITIES OF THE BOCA RATON RESORT & CLUB. WE ARE PLEDGED TO THE LETTER AND SPIRIT OF U.S. POLICY FOR ACHIEVEMENT OF EQUAL HOUSING THROUGHOUT THE NATION. WE ENCOURAGE AND SUPPORT AN AFFIRMATIVE ADVERTISING AND MARKETING PROGRAM IN WHICH THERE ARE NO BARRIERS TO OBTAINING HOUSING BECAUSE OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN. FOR CALIFORNIA RESIDENTS – THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING. FOR NEW YORK RESIDENTS – THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR. FILE NO. CD10-0251. SPONSOR NAME AND ADDRESS: BRE/ POINT PARCEL, L.L.C., 501 E. CAMINO REAL, BOCA RATON, FL 33432. FOR MASSACHUSETTS RESIDENTS – THIS COMMUNITY HAS BEEN REGISTERED WITH THE MASSACHUSETTS BOARD OF REGISTRATION OF REAL ESTATE BROKERS AND SALESMEN (REGISTRATION NUMBER: F-1247-01-01). THIS IS NOT AN OFFERING IN JURISDICTIONS WHERE PRIOR QUALIFICATION IS REQUIRED UNLESS THE DEVELOPER OF ONE THOUSAND OCEAN HAS PREVIOUSLY MET SUCH QUALIFICATIONS AND NO MARKETING OR SALES LITERATURE WILL BE FORWARDED TO OR DISSEMINATED IN SUCH STATES UNLESS THE DEVELOPER HAS MET SUCH QUALIFICATIONS. OFFERS MAY ONLY BE PRESENTED AND/OR ACCEPTED AT THE SALES CENTER FOR ONE THOUSAND OCEAN. VOID WHERE PROHIBITED BY LAW. NOTWITHSTANDING THAT THE DEVELOPER HAS AN AFFILIATION WITH LXR LUXURY RESORTS ("LXR") AND THE OWNER OF THE BOCA RATON RESORT & CLUB, THE REPRESENTATIONS CONTAINED HEREIN ARE OF THE DEVELOPER ONLY. ANY AND ALL STATEMENTS, DISCLOSURES AND/OR REPRESENTATIONS SHALL BE DEEMED MADE BY DEVELOPER AND NOT BY LXR OR THE OWNER OF THE BOCA RATON RESORT & CLUB AND YOU AGREE TO LOOK SOLELY TO DEVELOPER (AND NOT TO LXR OR THE OWNER OF THE BOCA RATON RESORT & CLUB) WITH RESPECT TO ANY AND ALL MATTERS RELATING TO THE MARKETING AND/OR DEVELOPMENT OF ONE THOUSAND OCEAN AND WITH RESPECT TO THE SALE OF THE CONDOMINIUM UNITS IN ONE THOUSAND OCEAN. NEITHER LXR THE OWNER OF THE BOCA RATON RESORT & CLUB, ITS SUBSIDIARIES, AFFILIATES, CONTRACTORS, AGENTS, EMPLOYEES, LICENSEES, AND/OR ASSIGNS IS NOT RESPONSIBLE FOR ANY REPRESENTATIONS OR PROMISES OF THE DEVELOPER. THE PROJECT GRAPHICS, RENDERINGS AND TEXT PROVIDED HEREIN ARE COPYRIGHTED WORKS OWNED BY THE DEVELOPER. © 2010, BRE/POINT PARCEL L. L. C., A DELAWARE LIMITED LIABILITY COMPANY . ALL RIGHTS RESERVED. UNAUTHORIZED REPRODUCTION, DISPLAY OR OTHER DISSEMINATION OF SUCH MATERIALS IS STRICTLY PROHIBITED AND CONSTITUTES COPYRIGHT INFRINGEMENT. NO REAL ESTATE BROKER OR AGENT IS AUTHORIZED TO MAKE ANY REPRESENTATIONS OR OTHER STATEMENTS REGARDING ONE THOUSAND OCEAN, AND NO AGREEMENTS WITH, DEPOSITS PAID TO OR OTHER ARRANGEMENTS MADE WITH ANY REAL ESTATE BROKER ARE OR SHALL BE BINDING ON THE DEVELOPER.

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