0001193125-04-110624 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • June 29th, 2004 • Paladin Realty Income Properties Inc • Real estate agents & managers (for others) • California

THIS ADVISORY AGREEMENT (this “Agreement”), dated as of , 2004, is entered into between Paladin Realty Income Properties, Inc., a Maryland corporation (the “Company”), Paladin Realty Income Properties, L.P. (the “Operating Partnership,” and collectively with the Company, the “Fund”), and Paladin Realty Advisors, LLC, a Delaware limited liability company (the “Advisor”).

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PALADIN REALTY INCOME PROPERTIES, INC. Up to 38,500,000 Shares of Common Stock, $0.01 par value per share/$385,000,000 DEALER MANAGER AGREEMENT
Participating Dealer Agreement • June 29th, 2004 • Paladin Realty Income Properties Inc • Real estate agents & managers (for others) • California
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