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Clients are specifically advised and warned that they should seek appropriate and timely tax and legal advice from a qualified professional licensed firm to render such professional advice before acquiring any commercial real estate, company, foundation, or trust. Clients should also ensure that they are professionally advised on the onerous restrictions and reporting requirements that the acquisition of a company, foundation, or trust may involve. Neither Hotels and Properties, nor any of their parent/sister/daughter companies, subsidiaries, employees, consultants, advisors or affiliates are responsible for the failure of any client to comply with their domestic laws and reporting requirements.
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