Exhibit 99(a)(3)
COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
Draft #2: 04/05/99
PALM INVESTORS, LLC
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APRIL 13, 1999
OFFER TO PURCHASE
COURTYARD BY MARRIOTT LIMITED PARTNERSHIP UNITS
FOR
$75,000 CASH PER UNIT*
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PALM IS NOT AN AFFILIATE OF THE GENERAL PARTNER OR OF THE PARTNERSHIP.
*
PLEASE CAREFULLY REVIEW THE ENCLOSED TENDER OFFER.
*
PAYMENT TO YOU WILL BE MADE WITHIN 5 BUSINESS DAYS FROM (I) MAY 14, 1999,
THE "EXPIRATION DATE" OF THE OFFER (UNLESS EXTENDED), AND (II) FOLLOWING
WRITTEN CONFIRMATION FROM THE PARTNERSHIP THAT PALM HAS BEEN ADMITTED AS
A SUBSTITUTE LIMITED PARTNER ON THE RECORDS OF THE PARTNERSHIP.
*
AN AGREEMENT OF SALE IS ENCLOSED WHICH YOU MUST PROPERLY COMPLETE AND
DULY EXECUTE IN ACCORDANCE WITH THE INSTRUCTIONS AND RETURN TO PALM.
*
*A SELLING UNIT HOLDER WILL ALSO RECEIVE THE $2,000 PER UNIT DISTRIBUTION
TO BE MADE BY THE PARTNERSHIP IN APRIL/MAY, 1999.
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PLEASE CALL US AT (000) 000-0000, IF YOU HAVE ANY QUESTIONS. THANK
YOU FOR YOUR CONSIDERATION OF OUR OFFER.
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0000 XXXXX XXXXXX XXXXX, XXXXX 000 - XXX XXXXX, XX 00000 - (000) 000-0000 -
FACSIMILE (000) 000-0000
