AMENDMENT TO AGREEMENT OF SALEAgreement of Sale • November 4th, 2004 • American Community Properties Trust • Land subdividers & developers (no cemeteries)
Contract Type FiledNovember 4th, 2004 Company IndustryTHIS AMENDMENT TO AGREEMENT OF SALE (the "Amendment") dated this 28th day of September, 2004, by and between OWINGS CHASE ASSOCIATES LIMITED PARTNERSHIP, a Maryland limited partnership (the "Owings Seller") PRESCOTT SQUARE APARTMENTS LIMITED PARTNERSHIP, a Maryland limited partnership (the "Prescott Seller"), (the Owings Seller and the Prescott Seller are collectively referred to herein as the "Seller"), both with an address of c/o Sawyer Property Management of Maryland, LLC, 75 Second Avenue, Suite 200, Needham, Massachusetts 02494 ("Seller") and AMERICAN HOUSING PROPERTIES, L.P., a Delaware limited partnership with an address of 222 Smallwood Village Center, St. Charles, Maryland 20602, or its permitted assignee ("Buyer").
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 4th, 2004 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland
Contract Type FiledNovember 4th, 2004 Company Industry JurisdictionTHIS PURCHASE AND SALE AGREEMENT (the "Agreement") is made as of the 13th day of August, 2004 (the "Effective Date"), by and between OWINGS CHASE ASSOCIATES LIMITED PARTNERSHIP, a Maryland limited partnership (the "Owings Seller") and PRESCOTT SQUARE APARTMENTS LIMITED PARTNERSHIP, a Maryland limited partnership (the "Prescott Seller"), (the Owings Seller and the Prescott Seller are collectively referred to herein as the "Seller"), both with an address of c/o Sawyer Property Management of Maryland, LLC, 75 Second Avenue, Suite 200, Needham, Massachusetts 02494 ("Seller"), and AMERICAN HOUSING PROPERTIES, L.P., a Delaware limited partnership with an address of 222 Smallwood Village Center, St. Charles, Maryland 20602, or its permitted assignee ("Buyer").
SAWYER REALTY HOLDINGS LLCAgreement of Sale • November 4th, 2004 • American Community Properties Trust • Land subdividers & developers (no cemeteries)
Contract Type FiledNovember 4th, 2004 Company IndustryEnclosed please find contracts we have obtained for the Required Work specified in Section 1 of the above-referenced document. Based on these contracts, the total cost of the Required Work is $170,600, which is in excess of the $115,000 amount provided in Section 1 of the Amendment. In accordance with the terms of Section 1 of the Amendment, we will increase the amount to be placed in escrow at closing from $115,000 to $170,600.