0001193125-15-362292 Sample Contracts

FORM OF ESCROW AGREEMENT
Escrow Agreement • November 2nd, 2015 • Resource Apartment REIT III, Inc. • Real estate investment trusts • Missouri

THIS ESCROW AGREEMENT dated as of , 2015 (this “Agreement”), is entered into among Resource Securities, Inc. (the “Dealer Manager”), Resource Apartment REIT III, Inc. (the “Company”) and UMB Bank, N.A., as escrow agent (the “Escrow Agent”).

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FORM OF MANAGEMENT AGREEMENT
Management Agreement • November 2nd, 2015 • Resource Apartment REIT III, Inc. • Real estate investment trusts • Pennsylvania

THIS MANAGEMENT AGREEMENT (this “Agreement”), is made and entered into this day of , 2015 (the “Effective Date”), by and among RESOURCE APARTMENT REIT III, INC., a Maryland corporation (the “Company”), RESOURCE APARTMENT OP III, LP, a Delaware limited partnership (the “OP”) and RESOURCE APARTMENT MANAGER III, LLC, a Delaware limited liability company (“Manager”).

FORM OF ADVISORY AGREEMENT between RESOURCE APARTMENT REIT III, INC. and RESOURCE APARTMENT ADVISOR III, LLC
Advisory Agreement • November 2nd, 2015 • Resource Apartment REIT III, Inc. • Real estate investment trusts • Pennsylvania

This Advisory Agreement, dated as of [ ], 2015 (the “Agreement”), is between Resource Apartment REIT III, Inc., a Maryland corporation (the “Company”), and Resource Apartment Advisor III, LLC, a Delaware limited liability company (the “Advisor”).

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