Common use of REPORT OF OPERATIONS Clause in Contracts

REPORT OF OPERATIONS. QUARTER ENDED: ____________________, 200_ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ----------------------------------- ------------------------------------- ----------------------------------- Resident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Contact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

REPORT OF OPERATIONS. QUARTER ENDED: ____________________, 200_ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ----------------------------------- ------------------------------------- ----------------------------------- Resident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Contact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------- OCCUPANCY INFORMATION

REPORT OF OPERATIONS. QUARTER ENDED: ____________________, 200_ 200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ----------------------------------- ------------------------------------- ----------------------------------- Resident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Contact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------- OCCUPANCY INFORMATION

REPORT OF OPERATIONS. QUARTER ENDED: ____________________, 200_ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ----------------------------------- ------------------------------------- ----------------------------------- Resident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Contact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------- OCCUPANCY INFORMATION A. Number of Apartment Units_____ Number of RA Units_____ Number of Section 8 Tenants ____ B. Occupancy for the Quarter has: Increased ____ Decreased_____ Remained the Same _____ C. Number of: Move-Ins ______ Move-Outs __________ % of Occupancy ______ D. Average length of tenant residency: 1-6 months ______ 6-12 months ______

REPORT OF OPERATIONS. QUARTER ENDED: ____________________, 200___________ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ----------------------------------- ------------------------------------- ----------------------------------- Resident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Contact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

REPORT OF OPERATIONS. QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ----------------------------------- ------------------------------------- ----------------------------------- Resident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Firm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Address: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- City, State, Zip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Phone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- Contact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------