RENT-TO-OWN OPTION

Pine Forest Company residents now have the opportunity to apply rent credit towards the purchase of a new Burnstead home or condominium.

How does it work?

$225 of the monthly rent paid to Pine Forest Company apartments is applied
towards the purchase of a new home in any of the communities where the Burnsteads are currently building. These credits may be used for options and upgrades or closing costs. The Rent-to-Own option doesn't apply to the purchase of a Pine Forest Company apartment.

Terms & Conditions:

• No enrollment fee.
• Credits are transferable from all Pine Forest Company apartments beginning 1/1/2002.
• Roommates earn equal credit amounts.
• Residents must use a Burnstead representative/John L. Scott Lake Bellevue agent as their sales agent.
• Residents can't take the equity in cash.
• Maximum credit of up to 3% of purchase price.
• Credits can be used in conjunction with other builder incentives offered at the time of purchase.
• Program credits expire 120 days after move out of a Pine Forest Company apartment.

The Rent-to-Own program may be changed or canceled at any time; however,
participants may utilize credits for up to 120 days following cancellation.