The Residences at the Viceroy Snowmass are not being sold by Viceroy Hotels, LLC, the Viceroy Hotel Group and/or any of their affiliates ("Viceroy"). Developer’s use of the VICEROY and REMEMBER TO LIVE marks in connection with the development, operation, marketing and sale of the project is pursuant to a private agreement with Viceroy, which may expire or terminate without being renewed. This advertisement is not an offering. It is a solicitation of interest in the advertised property. No offers to purchase will be accepted from any person who resides in a state where the offering has not been registered or is not exempt from applicable registration requirements. This advertisement is made in accordance with Cooperative Policy Statement No. 1, issued by the New York State Department of Law. File No. CP12-0049. Developer is Snowmass Acquisition Company LLC, c/o The Related Companies L.P. 60 Columbus Circle, NY, NY 10023.