INTEREST PURCHASE AGREEMENT by and among COURTLAND INVESTMENTS, INC., HMG/COURTLAND PROPERTIES, INC., as “Seller” and Grove Isle Yacht & Tennis Club, LLC, as “Purchaser” with respect to the sale of interests in GROVE ISLE ASSOCIATES, LLLP GROVE ISLE...Interest Purchase Agreement • March 1st, 2013 • HMG Courtland Properties Inc • Real estate investment trusts • Florida
THIS INTEREST PURCHASE AGREEMENT (this “Agreement”) dated as of the date same has been executed by the last of the parties hereto, as indicated beneath their names on the signature pages hereof (the “Effective Date”) by and among COURTLAND INVESTMENTS, INC., a Delaware corporation (“Courtland”) and HMG/COURTLAND PROPERTIES, INC., a Delaware corporation (“HMG”) (Courtland and HMG are, collectively, “Seller”), and Grove Isle Yacht & Tennis Club, LLC, a Florida limited liability company (“Purchaser”).
