0000711642-11-000060 Sample Contracts

PURCHASE AND SALE CONTRACT BETWEEN CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/3, LP, a Delaware limited partnership AS SELLER AND THE EZRALOW COMPANY. LLC, a Delaware limited liability company AS PURCHASER LAMPLIGHTER PARK Bellevue, Washington 98007
Purchase and Sale Contract • March 25th, 2011 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts • Washington

THIS PURCHASE AND SALE CONTRACT (this "Contract") is entered into as of the 21st day of March, 2011 (the "Effective Date"), by and between CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/3, LP, a Delaware limited partnership, having an address at 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 ("Seller"), and THE EZRALOW COMPANY, LLC, a Delaware limited liability company, having a principal address at 23622 Calabasas Rd, Suite 200, Calabasas, CA 91302.

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