0001193125-07-175729 Sample Contracts

PURCHASE AND SALE AGREEMENT BY AND BETWEEN PHEASANT RUN APTS, LS, LIMITED PARTNERSHIP a Florida limited partnership AS SELLER AND KC PHEASANT ASSOCIATES, LLC, a Delaware limited liability company AS PURCHASER As of August 2, 2007
Purchase and Sale Agreement • August 8th, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of August 2, 2007 (the “Effective Date”), by and between PHEASANT RUN APTS, LS, LIMITED PARTNERSHIP, LLC, a Florida limited partnership (the “Seller”) and KC PHEASANT ASSOCIATES, LLC, a Delaware limited liability company (“Purchaser”).

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