Clear Vistas Community # 1 Limited Partnership (“CVLP”) Features

An investor of CVLP receives Limited Partnership Units

Units issued are $10 (CDN) per Unit

Units of CVLP require a ‘cash’ purchase (Money order, bank draft, or cheque) (it is not RSP eligible; you may not use registered funds)

CVLP Units are not eligible for a Tax Free Savings Account (“TFSA”)

The business of the Partnership is to provide Limited Partners with an interest in the development of a residential real estate project in White City, Saskatchewan

Each Unit represents an equal and undivided beneficial interest in the Net Assets of the Partnership; it is a direct investment in the development of a residential real estate project

CVLP Units receive tax-exempt payments of return of capital, each in the amount of eight and one-quarter percent (8.25%) per annum of the original aggregate purchase price of their investment, paid quarterly for the first two years as of the date of their subscription acceptance

CVLP Units are entitled to receive payments of return on capital only if cash is available

Clear Vistas Management Corporation is the General Partner of the Partnership

Income generated by the Partnership is treated as business income (refer to “Income Tax Consequences” in the Offering Memorandum for details)

Option 2

Note: This information is inherently limited in scope and not intended to constitute legal, accounting, tax, investment, consulting, or other professional advice or services. Before making any decision or taking any action that might affect your personal or business finances, you are strongly encouraged to consult a qualified professional advisor. Please contact us with any questions that you may have.

IMPORTANT NOTE:
Arrangements have been made with a large Canadian Bank for qualified investors to arrange long term financing for part or all of their investment purchase.