PURCHASE AND SALE CONTRACTPurchase and Sale Contract • May 27th, 2010 • Consolidated Capital Properties Iv • Real estate investment trusts • Tennessee
THIS PURCHASE AND SALE CONTRACT (this “Contract”) is entered into as of the 21st day of May, 2010 (the “Effective Date”), by and between CCP IV ARBOURS OF HERMITAGE, LLC, a Delaware limited liability company, having an address at 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 (“Seller”), and NEYLAND APARTMENT ASSOCIATES LLC, a Tennessee limited liability company, having a principal address at P.O. Box 3278, Knoxville, Tennessee 37927 or its permitted assigns pursuant to Section 13.3 of this Contract (“Purchaser”).
