LEGAL INFORMATION

General

Your access to and use of this web site is subject to your compliance with all of the terms and conditions set forth below, which you should read carefully before using this site. Real Estate Analytics LLC (“REAL? is majority owned by State Street Bank and Trust Company. The references in this site to REAL may include its owners and/or their respective affiliates.

Privacy Policy

You should be assured that your personal information will remain confidential. We will neither sell nor otherwise distribute your information to organizations outside of REAL and/or its affiliates without your express written permission.

Copyright Notice and Policy

The contents of this web site are protected by applicable United States and international copyright laws. You may not copy, distribute (in any form, including retransmittals over any local area or other network or service or posting to other online services or sites), display, extract for use in a database, sell, license or otherwise use any materials on this site outside of your organization without the express written approval of REAL, except that you may download and print material that you plan to use only for internal, non-commercial purposes and only if you do not alter any such material or remove any trademark, copyright or other notice displayed on the material. You also may not modify any material herein or post any text, graphics, video, audio or other material to this site. This web site is copyrighted by REAL. All rights reserved.

Trademarks

Trademarks and service marks appearing on this site are owned or licensed by REAL in the United States and other countries. You may not use such trademarks and service marks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether we are the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us or our licensors.

No Offer / Local Restrictions

Nothing contained in or on this site should be construed as a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction. The information provided on this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable laws and regulations. This site is not directed to any person in any jurisdiction where the publication or availability of the site is prohibited by reason of the nationality, residence or other characteristics or qualifications of that person. Those persons under these restrictions must not access the site.

You agree to use this site only for lawful purposes. You further agree that you are responsible for your use of the site. You agree that you will not access this site from any territory where it would be illegal to do so and that you are responsible for compliance with applicable laws and regulations.

Disclaimer of Warranties

OUR SITE IS AVAILABLE "AS IS" AND "AS AVAILABLE" AND WITHOUT ANY WARRANTIES OF ANY KIND. SPECIFICALLY, TO THE MAXIMUM EXTENT PERMITTED UNDER LAW AND WITHOUT LIMITING THE FOREGOING, ALL WARRANTIES WITH RESPECT TO THE WEB SITE OR ANY PRODUCTS AND SERVICES THAT ARE AVAILABLE THROUGH THE WEB SITE, WHETHER EXPRESS, IMPLIED OR STATUTORY, ARISING BY LAW, CUSTOM, PRIOR ORAL OR WRITTEN STATEMENTS BY REAL OR ITS AGENTS OR AFFILIATES OR OTHERWISE (INCLUDING, BUT NOT LIMITED TO, WARRANTIES AS TO ACCURACY, COMPLETENESS, UNINTERRUPTED USE, COMPLETENESS, NON-INFRINGEMENT, TIMELINESS, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE, EVEN IF THE PURPOSE OR INTENDED USE HAS BEEN DISCLOSED, AND ANY IMPLIED WARRANTIES, CONDITIONS AND OTHER CONTRACTUAL TERMS ARISING FROM TRADE USAGE, COURSE OF DEALING OR COURSE OF PERFORMANCE) ARE HEREBY OVERRIDDEN, EXCLUDED AND DISCLAIMED.

Accuracy of Information

The information and content published and opinions expressed on this web site are provided by REAL for informational purposes only and are subject to change without notice. The information and content are provided on an “as is?basis without any warranty of any kind, and the user of such information and content assumes the entire risk of any use thereof. Although REAL believes the information and content on this web site have been obtained from sources considered reliable, neither REAL, nor its affiliates nor any third party sponsor of any products, services or information and content on this site guarantees or warrants the accuracy, completeness or timeliness of any information or content on this site or of any benefit associated with any such information or content.

You should not consider any of the information and content on this web site as investment advice. Many of the products and instruments described in this site are speculative and involve a substantial risk of loss.

Limitation of Liability

We and our officers, directors, subsidiaries, affiliates, agents, and licensors are not liable for (1) any direct, indirect, incidental, consequential, special, punitive, or exemplary damages, including lost revenues or profits, loss of business, or loss of data, arising out of or in connection with the use of our site or the use of any products or information offered through or made available on our site, regardless of whether such liability is based in tort, contract or other legal or equitable theory, or (2) any claim, loss or damages based on errors, omissions, interruptions or other inaccuracies in our site or in any of the products or information offered through or made available on our site.

If the foregoing limitation is held to be unenforceable, our maximum liability will not exceed the amount you paid, if any, for use of our site during the period when your claim accrued.

Links, Frames and Metatags

You may link to the public pages of our site, as long as the link does not cast us in a false or misleading light. You may not, however, link to the other, private pages of our site. You also may not frame the content of our site. You may not use metatags or any other "hidden text" that incorporates our trademarks or our name without our express written consent.

Links To Third Party Sites

The links and referrals to other web sites, publications or information resources provided by REAL via this site do not constitute the endorsement of those web sites or resources by REAL, its affiliates, agents or representatives. REAL has no control over these other web sites, publications and information resources or their content. The content to which you link will not have been developed, checked for accuracy or otherwise reviewed by REAL. REAL accepts no responsibility for the content of such sites, makes no representations or claims as to the quality, content and accuracy of the information, services or products which may be provided by such web sites, publications and information resources, and specifically disclaims any warranties, including but not limited to the implied or express warranties of merchantability or fitness for any particular usage, application or purpose. REAL reserves the right to prohibit any entity from linking to its site.

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