December 15, 1998 VIA FEDERAL EXPRESS Apple Residential Income Trust, Inc. Old City National Bank Building 120 W. Third Street, Suite 220 Fort Worth, Texas 76102 Dear Sirs: Pursuant to section 2 of the Amended and Restated Property...Property Acquisition/Disposition Agreement • January 28th, 1999 • Apple Residential Income Trust Inc • Real estate investment trusts
Pursuant to section 2 of the Amended and Restated Property Acquisition/Disposition Agreement dated October 1, 1998 (the "Agreement") by and between Apple Residential Income Trust, Inc. and Apple Residential Management Group, Inc., Apple Residential Management Group, Inc. hereby terminates the Agreement in its entirety effective midnight December 31, 1998.
