EXHIBIT 10.1 PAYMENT GUARANTY OF REIT AND OF PREFERRED STOCK SUBSIDIARIES This PAYMENT GUARANTY ("GUARANTY") is made as of November 6, 2001, by the undersigned entities (each a "GUARANTOR") in favor of BANK OF AMERICA, N.A. ("BANK OF AMERICA"), as...Payment Guaranty • November 14th, 2001 • Apartment Investment & Management Co • Real estate investment trusts • California
