0001178862-08-000005 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 2nd, 2008 • Berkshire Income Realty Inc • Real estate

PURCHASE AND SALE AGREEMENT (“Agreement”) dated as of February 26, 2008 (the “Effective Date”), between ST. MARIN/KARRINGTON LIMITED PARTNERSHIP, a Delaware limited partnership (“Seller”), with an address of c/o Berkshire Property Advisors, L.L.C., One Beacon Street, Suite 1550, Boston, Massachusetts 02108, Attention: David Olney, Telecopier No. 617-646-2377, and WILLIAMS ASSET MANAGEMENT, LLC, a Georgia limited liability company (“Buyer”), with an address of One Overton Park, 3625 Cumberland Boulevard, Suite 430, Atlanta, Georgia 30339, Attention: Andrew H. Day, Telephone No. 678-589-7770, Telecopier No. 678-589-7771.

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