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Legal and State Disclosure

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.

THIS ADVERTISING MATERIAL IS BEING USED FOR THE PURPOSE OF SOLICITING SALES OF TIMESHARE PERIODS.

621609-5 (updated 06/18/15)


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Marriott Vacation Club International and the programs and products provided under the Grand Residences by Marriott brand are not
owned, developed, or sold by Marriott International, Inc. Marriott Vacation Club International uses the Marriott marks under
license from Marriott International, Inc. and its affiliates.