ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, REFER TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY THE DEVELOPER. SARAVELA (the “Condominium”) is developed by GSP Sarasota LLC, a Florida limited liability company (“Developer”) and you should rely only on the Developer’s written representations and offering documents. This condominium project permits unit owners to engage in short-term rentals (e.g., weekly or vacation rentals) subject to prevailing Condominium association rules and applicable local laws. Any statements or materials provided by the Developer, sales teams, property managers, or other parties concerning the potential income, rental occupancy, nightly rates, or financial returns from short-term rentals are estimates only. Above offer is provided through a Developer leaseback program and subject to program terms and conditions. This offering is for the purchase of real property and is not an offering of securities. Leaseback payments are subject to the terms of a separate agreement. No guarantee is made regarding rental income or financial performance beyond the Developer leaseback. After the two-year leaseback term, HOA fees and real estate taxes will be the responsibility of the unit owner. See Condominium documents and program materials for complete details, including terms related to personal use and program conditions.