0001299933-05-003066 Sample Contracts

AGREEMENT OF SALE AND PURCHASE
Sale Agreement • June 23rd, 2005 • America First Apartment Investors Inc • Real estate investment trusts • Georgia

THIS AGREEMENT OF SALE AND PURCHASE (this “Agreement”), by and between PARK TRACE APARTMENTS LIMITED PARTNERSHIP, a Georgia limited partnership (the “Seller”); and NALS Austin, LLC, a Texas limited liability company (the “Purchaser”), is entered into and effective on the date it is fully signed by the Purchaser and Seller and is signed by the Escrow Agent to acknowledge receipt of the Escrow Deposit (the “Effective Date”).

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