STATE AND LEGAL DISCLOSURES

Marriott International, Inc., Marriott Vacation Club International and their respective affiliates and subsidiaries, make no warranty, express or implied, as to the condition, capacity, performance or any other aspect of the activities, events, or service providers listed herein. No inquiry has been made into the activities or events, or the qualifications or the quality of services offered by the providers. Do not consider this an endorsement of or recommendation for any of the activities, events, or providers. Features, furnishings and amenities may be proposed and are subject to change.

English entities

MGRC Management Ltd.

• Company name: MGRC Management Limited
• Company registered number: 04094104
• Place of registration: England and Wales
• Registered office address: 7 Albemarle Street, London, W1S 4HQ
• Postal Address: 47 Park Street, Mayfair, London W1K 7QP
• Company email address: info@47parkstreet.com
• Your VAT number: 830340568
• The name of any trade bodies or professional associations that the business is part of, including membership or registration details: Resort Development Organisation

Fortyseven Park Street Ltd.

• Company name: Fortyseven Park Street Ltd.
• Company registered number: 01523117
• Place of registration: England and Wales
• Registered office address: 7 Albemarle Street, London, W1S 4HQ
• Postal Address: 47 Park Street, Mayfair, London W1K 7QP
• Company email address: info@47parkstreet.com
• Your VAT number: GB100137975
• The name of any trade bodies or professional associations that the business is part of, including membership or registration details: Resort Development Organisation

California

Marriott Grand Residence Club, Lake Tahoe, 1001 Heavenly Village Way, S. Lake Tahoe, CA 96150 is a registered project with the California Department of Real Estate. A fact sheet on facilities including association assessments and usage options is available upon request. CA DRE Lic.# 1008481

47 Park Street by Marriott Grand Residence Club, 47 Park Street, London, England W1K7EB, is not a registered project with the California Department of Real Estate. WARNING: THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT EXAMINED THIS OFFERING, INCLUDING, BUT NOT LIMITED TO, THE CONDITION OF TITLE, THE STATUS OF BLANKET LIENS ON THE PROJECT (IF ANY), ARRANGEMENTS TO ASSURE PROJECT COMPLETION, ESCROW PRACTICES, CONTROL OVER PROJECT MANAGEMENT, RACIALLY DISCRIMINATORY PRACTICES (IF ANY), TERMS, CONDITIONS, AND PRICE OF THE OFFER, CONTROL OVER ANNUAL ASSESSMENTS (IF ANY), OR THE AVAILABILITY OF WATER, SERVICES, UTILITIES, OR IMPROVEMENTS. IT MAY BE ADVISABLE FOR YOU TO CONSULT AN ATTORNEY OR OTHER KNOWLEDGEABLE PROFESSIONAL WHO IS FAMILIAR WITH REAL ESTATE AND DEVELOPMENT LAW IN THE COUNTRY WHERE THIS SUBDIVISION IS SITUATED.

Nevada

Marriott Grand Residence Club, Lake Tahoe, located in the State of California, is a registered project with the State of Nevada, Department of Business and Industry, Real Estate Division. This advertising material is being used for the purpose of soliciting sales of timeshare periods in the State of Nevada.

47 Park Street by Marriott Grand Residence Club is not a registered project with the State of Nevada, Department of Business and Industry, Real Estate Division and is not to be considered offered to Nevada residents.

This advertising material is not an offer to sell nor a solicitation of an offer to buy to residents of any state or jurisdiction in which registration requirements have not been fulfilled.

621609-5 (updated 06/18/15)