0001144204-14-054680 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • September 8th, 2014 • United Development Funding Income Fund V • Real estate investment trusts • Texas

This ADVISORY AGREEMENT (this “Agreement”) is entered into on this the 25 day of July, 2014; by and between UNITED DEVELOPMENT FUNDING INCOME FUND V, a Maryland real estate investment trust (the “Trust”), UDF V OP, L.P., a Delaware limited partnership (the “Partnership”), and American Realty Capital Residential Advisors, LLC, a Delaware limited liability company (the “Advisor”).

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ESCROW AGREEMENT
Escrow Agreement • September 8th, 2014 • United Development Funding Income Fund V • Real estate investment trusts • Texas
ALLOCATION POLICY AGREEMENT BY AND AMONG UNITED DEVELOPMENT FUNDING, L.P., UNITED DEVELOPMENT FUNDING II, L.P., UNITED DEVELOPMENT FUNDING III, L.P., UNITED DEVELOPMENT FUNDING IV, UNITED DEVELOPMENT FUNDING LAND OPPORTUNITY FUND, L.P., UNITED...
Allocation Policy Agreement • September 8th, 2014 • United Development Funding Income Fund V • Real estate investment trusts • Texas

This Allocation Policy Agreement (the “Agreement”) is executed this 25 day of July, 2014, by and among United Development Funding, L.P., a Delaware limited partnership (“UDF I”), United Development Funding II, L.P., a Delaware limited partnership (“UDF II”), United Development Funding III, L.P., a Delaware limited partnership (“UDF III”), United Development Funding IV, a Maryland real estate investment trust (“UDF IV”), United Development Funding Land Opportunity Fund, L.P., a Delaware limited partnership (“UDF LOF”), United Development Funding Income Fund V, a Maryland real estate investment trust (“UDF V,” and together with UDF I, UDF II, UDF III, UDF IV and UDF LOF, the “UDF Funds”), and UMTH Land Development, L.P., a Delaware limited partnership (“UMTH LD”) and UDFH Land Development, L.P, a Delaware limited partnership (“UDFH LD”).

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