Centurion Apartment Reit Offering Memorandum

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To address the investor concern that the management fee not turn into a profit center, a few existing managers and startup managers have agreed to a management fee structure that ratchets down when certain milestones for assets under management are met.

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Company to pay money, and may sign contracts and obligations on behalf of the Company. The REIT may be required to obtain funds for its capital expenditures and operating activities, if any, through cash flow from operations, property sales or financings.

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    Centurion Mortgage Services Corporation, a corporation governed by the laws of the Province of Ontario that is engaged for the purposes of servicing mortgage investments of Centurion Apartment REIT that are not serviced by another licensed mortgage administrator.

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    Eligible Investor Status Certificate and Exhibit A attached thereto.

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