PURCHASE AND SALE CONTRACTPurchase and Sale Contract • October 1st, 2009 • Century Properties Fund Xvi • Real estate • Colorado
Contract Type FiledOctober 1st, 2009 Company Industry JurisdictionTHIS PURCHASE AND SALE CONTRACT (this “Contract”) is entered into as of the 25th day of September, 2009 (the “Effective Date”), by the selling parties identified on Schedule 1 (the “Seller Information Schedule”) having an address at 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 (individually a “Seller” and collectively “Sellers”), and Standard Portfolios LLC, a Delaware limited liability company, having an address c/o Grant, Genovese & Baratta, LLP, Attention: Michael J. Genovese, 2030 Main Street, Suite 1600, Irvine, California 92614 (“Purchaser”).