Estate of Margot Stewart, Deceased, Brandon Stewart, Executor - Page 3

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          As a result of the transfer, decedent and Mr. Stewart owned the             
          property as tenants in common.  On May 10, 2000, Robert Goldie,             
          Mr. Stewart’s attorney, delivered the deed to Choice Abstract               
          Corp. (Choice Abstract) for the purpose of recording the deed.              
          The deed, however, was misplaced by Choice Abstract and was not             
          recorded until April 4, 2001.                                               
               Decedent, who was a resident of New York, died on November             
          27, 2000.  After the May 9, 2000, transfer and until the time of            
          her death, decedent continued to receive all of the rental                  
          payments from Financial Solutions, Ltd.  Prior to her death,                
          decedent also paid most of the expenses relating to the 61st                
          Street property (i.e., decedent paid expenses of $21,790.85 while           
          Mr. Stewart paid $1,963).                                                   
               Mr. Stewart and Barbara Weisl were appointed executors of              
          decedent’s estate.  On August 19, 2001, decedent’s executors                
          filed a Form 709, United States Gift (and Generation-Skipping               
          Transfer) Tax Return, relating to the transfer of the 61st Street           
          property.  On August 27, 2001, Mr. Stewart obtained a mortgage on           
          the 61st Street property.  On February 23, 2002, decedent’s                 
          executors filed a Form 706, United States Estate (and Generation-           
          Skipping Transfer) Tax Return, relating to decedent’s estate.               
          Ms. Weisl died on November 14, 2004, and the estate did not                 
          appoint another executor.                                                   

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