AGREEMENT FOR SALE AND PURCHASE OF PROPERTY Sample Clauses

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. [Edgewood Vista 2] by and between IRET Properties, a North Dakota Limited Partnership and EVI Grand Cities, LLC, as Seller, and EdgewoodVista Senior Living Inc., Edgewood Properties Management, LLC, and Edgewood Properties, LLLP, as Buyer.

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. BUYER: EDGEWOODVISTA SENIOR LIVING, INC., a Delaware corporation By: /s/ Xxxxxx Gisi____________________ Print Name: Xxxxxx Gisi_______________ Print Title: President and CEO_________ Date: 8-24-2016_____________________ EDGEWOOD PROPERTIES MANAGEMENT, LLC, a North Dakota limited liability company By: /s/ Xxx X. Strinden________________ Print Name: Xxx X. Strinden___________ Print Title: President_________________ Date: 8-24-2016_____________________ EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership By: /s/ Xxxxxx Gisi____________________ Print Name: Xxxxxx Gisi_______________ Print Title: President Date: 8-24-2016_____________________ [Signature pages continue on following page] CONSENT OF CLOSING AGENT TO

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. [Sartell] by and between IRET Properties, a North Dakota Limited Partnership and IRET – SH 1, LLC, as Seller, and EdgewoodVista Senior Living Inc., Edgewood Properties Management, LLC, and Edgewood Properties, LLLP, as Buyer. Exhibit 3 – pg. 1 Exhibit 4.1 Allocation of Consideration to Individual Property ID Name City State Allocated Purchase Price 1 Aspen Wind Cheyenne WY $13,452,000.00 0 Xxxxxx Xxxxx Xxxxxxxx XX $7,380,000.00 0 Xxxxxx Xxxx Xxxxxx XX $10,422,000.00 0 Xxxx Xxxxx Xxxxxx XX $8,444,000.00 5 Spring Wind Laramie WY $13,302,000.00 Wyoming Senior Housing Assets Subtotal: $53,000,000.00 Exhibit 4.1 – pg. 1 Exhibit 10.4(b) Form of General Assignment and Assumption Agreement GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT THIS GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT is made and entered into as of __________, 20__, between LSREF GOLDEN PROPERTY 14 (WY), LLC, a Delaware limited liability company ("Assignor"), and LSREF GOLDEN OPS 14 (WY), LLC, a Delaware limited liability company, EDGEWOOD PROPERTIES MANAGEMENT LLC, a North Dakota limited liability company, and EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership (collectively, "Assignee").

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. The undersigned Closing Agent hereby: (i) acknowledges receipt of the Xxxxxxx Money and a copy of the foregoing Agreement, (ii) agrees to act as Closing Agent under said Agreement, (iii) agrees to be the person responsible for reporting the transaction to the Internal Revenue Service under then-current Treasury Regulations, and (iv) be bound by said Agreement in the performance of its duties as Closing Agent. XXXXXXX TITLE GUARANTY COMPANY By: /s/ Xxxxx X. Xxxx Xxxxx X. Xxxx [Print Name] Its: Authorized Agent Title Exhibit 1 Legal Description of Land

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. SELLER: IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP By: IRET, Inc., a North Dakota corporation, its General Partner By: /s/ Xxxxxxx X. Bosh _____________ Print Name: Xxxxxxx X. Bosh Print Title: Executive Vice President Date: 8-26-2016________________________ [Signature pages continue on following page] SIGNATURE PAGE TO

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. The undersigned Closing Agent hereby: (i) acknowledges receipt of the Xxxxxxx Money and a copy of the foregoing Agreement, (ii) agrees to act as Closing Agent under said Agreement, (iii) agrees to be the person responsible for reporting the transaction to the Internal Revenue Service under then-current Treasury Regulations, and (iv) be bound by said Agreement in the performance of its duties as Closing Agent. XXXXXXX TITLE GUARANTY COMPANY By: /s/ Xxxxx X. Xxxx Xxxxx X. Xxxx [Print Name] Its: Authorized Agent Title Schedule 1 List of Seller Subsidiary Entities Joining in Agreement

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. This Agreement for Sale and Purchase of Property (this “Agreement”) is executed by and between Seller, as identified in the Key Terms, and Buyer, as identified in the Key Terms. Buyer and Seller hereby agree that Seller shall sell to Buyer and Buyer shall purchase from Seller, upon the following terms and conditions and for the Purchase Price set forth in the Key Terms, the Property, as defined in the Defined Terms.

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. SARTELL SENIOR HOUSING ASSETS PORTFOLIO This AGREEMENT FOR SALE AND PURCHASE OF PROPERTY (this “Agreement”) is made and entered into effective as of the later date of signature set forth on the signature page (the “Contract Date”), by and between IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP and IRET – SH 1, LLC, a North Dakota limited liability company (collectively, the “Seller”), and EDGEWOODVISTA SENIOR LIVING, INC., a Delaware corporation, EDGEWOOD PROPERTIES MANAGEMENT LLC, a North Dakota limited liability company, and EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership (collectively, the “Buyer”). The current notice address of each party is set forth in Section 15 below. In consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, agree as follows:

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. SELLER: IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP By: IRET, Inc., a North Dakota corporation, its General Partner By: /s/ Xxxxxxx X. Bosh_____________ Print Name: Xxxxxxx X. Bosh Print Title: Executive Vice President Date: 8-26-2016________________________ IRET – SH 1, LLC, a North Dakota limited liability company By: /s/ Xxxxxxx X. Bosh______________ Print Name: Xxxxxxx X. Bosh Print Title: Vice President Date: 8-26-2016___________________________ [Signature pages continue on following page] SIGNATURE PAGE TO

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. The undersigned Closing Agent hereby: (i) acknowledges receipt of the Xxxxxxx Money and a copy of the foregoing Agreement, (ii) agrees to act as Closing Agent under said Agreement, (iii) agrees to be the person responsible for reporting the transaction to the Internal Revenue Service under then-current Treasury Regulations, and (iv) be bound by said Agreement in the performance of its duties as Closing Agent. XXXXXXX TITLE GUARANTY COMPANY By: /s/ Xxxxx X. Xxxx Xxxxx X. Xxxx [Print Name] Its: Authorized Agent Title Exhibit 1 Legal Description of Land Legends at Heritage Place [677 Brianna Dr., Sartell, MN] Xxx Xxx (0), Xxxxx Xxx (0), Xxxxxxxx Xxxxx Two, according to the recorded plat thereof, Xxxxxxx County, Minnesota.