Legal · ferinus.com
Legal Disclaimer
Last updated: June 18, 2026 · Pre-attorney-review draft
This disclaimer is published in advance of a formal legal review by a Florida real estate attorney (scheduled July 2026). The scope and structure are intentional; the exact wording will be refined upon completion of that review. Please consult your own legal counsel before relying on any Ferinus analysis for a significant investment decision.
01
Nature of This Service
Ferinus provides quantitative underwriting analysis and financial modeling for small-balance multifamily real estate in South Florida. Our reports synthesize publicly available property data and client-supplied documents into structured financial memos. Ferinus is an analytical tool. It is not a licensed professional service within the meaning of any applicable state or federal law.
02
Not a Licensed Real Estate Appraisal
Ferinus is not a state-certified or state-licensed real estate appraiser. Our analyses do not constitute an "appraisal" as defined under Florida Statute § 475.611 or the Uniform Standards of Professional Appraisal Practice (USPAP).
No report produced by Ferinus constitutes a determination of market value, assessed value, or insurable value of any real property. You should not represent a Ferinus analysis as an appraisal to any lender, government agency, court, or other party.
03
Not Real Estate Brokerage or Representation
Ferinus does not represent buyers, sellers, landlords, or tenants in any real estate transaction. We do not provide services within the scope of real estate brokerage as regulated by Florida Statutes Chapter 475. Nothing in our communications or reports creates an agency, broker, or representative relationship between Ferinus and any user.
04
Not Investment, Legal, or Tax Advice
Ferinus analyses are informational tools to support your independent due diligence. They do not constitute investment advice, legal advice, tax advice, or any other form of regulated professional advice. Ferinus expressly disclaims any fiduciary duty to any user or recipient of our analyses. You should consult qualified legal, tax, and financial professionals before making any investment decision.
05
Third-Party Data Sources
Our analyses incorporate data from third-party public sources, including:
- Palm Beach County Property Appraiser (PAPA.gov) — parcel-level tax records, assessed values
- Florida Office of Insurance Regulation — rate filing data used as insurance benchmarks
- Freddie Mac Small Balance Loan Program Guidelines — sizing and DSCR standards
- Client-supplied offering memoranda, rent rolls, and listing documents
We use these sources in good faith but make no representation as to their accuracy, completeness, or currency. Data in our reports labelled listing-supplied has not been independently verified. Data labelled verified reflects our best application of available public data at the time of analysis and may not reflect subsequent reassessments, rate changes, or market movements.
06
No Guarantee of Accuracy or Completeness
Real estate financial analysis involves assumptions, estimates, and projections that may differ materially from actual outcomes. Tax assessments, insurance premiums, interest rates, rental income, operating expenses, and market conditions change. Ferinus makes no warranty, express or implied, as to the accuracy, completeness, reliability, or suitability of any figure, projection, or analysis.
07
No Reliance Without Independent Verification
Ferinus reports are intended as a starting point for your independent due diligence, not a substitute for it. Before relying on any analysis for any purpose, you should:
- Independently verify all material facts
- Obtain current insurance quotes from licensed insurance professionals
- Consult qualified lenders regarding actual current loan terms
- Obtain independent legal and tax counsel
- Commission a licensed appraisal where one is required or appropriate
You assume all risk in connection with your use of or reliance upon any Ferinus analysis.
08
Illustrative Examples
The comparison analysis and numerical examples presented on this website are arithmetic worked examples constructed to illustrate the categories of adjustments our analysis typically surfaces. They are not representations of any specific deal's investment performance, typical result, or likely outcome for your transaction.
09
Limitation of Liability
To the fullest extent permitted by applicable law, Ferinus and its principals shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages arising from your use of or reliance upon any analysis, report, or content provided by Ferinus — including but not limited to lost profits, investment losses, or any other pecuniary loss — even if advised of the possibility of such damages.