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    As is usual with matters of real estate analysis and evaluation, we 
 expect to be careful craftsmen in rendering our- professional services.
'However, we-cannot and do 'not undertake to guarantee the results of our
services,. nor do we undertake any liability for the consequences of their
implementation; and at no time may any representation to others contrary
to this understanding be made. We will expect to be held harmless from 
any and a~llClaims that might be brought by third parties which might 
relate in any ,way to claims for injury or damage suffered as the result
of 
the implementation of any advice we may have given or services we may have
rendered in this connection. 
   As we have discussed earlier, our function has been to gather certain
data for your-analysis.   Information estimates and opinions regarding the
housing marketin the Madison areaýare from sources deemed to be reliable,
but no warranty or representation is made regarding the accuracy thereof,
and it is submitted subject to errors and omissions. 
   This information was gathered with the assistance of Barbara Gallagher,
MS; 
she focused upon the identification and inspection of residential developments,
and she analyzed the data to determine the prior residence and currentý
occupa- 
tion of buyers of new homes in the projects studied. 
   Also assisting was Yvonne Schell, BS,    who searched the assessment records
and tract indexes, did on-site inspections and assembled the statistics to
ena bleyou to make demand projections for housing in the Madison area. 
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LIMITING.'CONDITIONS