0001469822-12-000060 Sample Contracts

FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”) is made as of April 4, 2012 (the “Effective Date”) by and between KBS-Legacy Apartment Community REIT Venture, LLC, a Delaware limited liability company (“Buyer”) and Crescent Apartments, LLC, a South Carolina limited liability company (“Seller”).

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ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT
Assignment and Assumption of Purchase and Sale Agreement • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Purchase and Sale Agreement ("Assignment") is entered into between KBS Capital Advisors LLC, a Delaware limited liability company ("Assignor"), and KBS Legacy Partners Greer LLC, a Delaware limited liability company ("Greer Assignee"), and KBS Legacy Partners Greer Land LLC, a Delaware limited liability company ("Land Assignee", and collectively with Greer Assignee, the "Assignees”), as of April 11, 2012 (the "Effective Date").

SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (the "Second Amendment") is made and entered into effective as of the 12th day of April, 2012, by and between CRESCENT APARTMENTS, LLC, a South Carolina limited liability company ("Seller"), and KBS Legacy Partners Greer LLC, a Delaware limited liability company ("Greer Buyer"), and KBS Legacy Partners Greer Land LLC, a Delaware limited liability company ("Land Buyer", and collectively with Greer Buyer, the "Buyer"), with reference to the following:

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE CONTRACT
Assignment and Assumption of Purchase and Sale Contract • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Purchase and Sale Contract ("Assignment") is entered into between KBS Capital Advisors LLC, a Delaware limited liability company ("Assignor"), and KBS Legacy Partners Lombard LLC, a Delaware limited liability company ("Assignee"), as of April 11, 2012 (the "Effective Date").

PURCHASE AND SALE AGREEMENT by and between
Purchase and Sale Agreement • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

Defined Term Section Reference Access and Indemnity Agreement Section 4.1 Agent Section 13.2 AS-IS Certificate Section 4.2.2 Assignment of Contracts Section 6.3.4 Assignment of Leases Section 6.3.3 Balance Section 2.3 Buyer Introductory Paragraph Buyer’s Representatives Section 8.3.3 Closing Section 6.1 Closing Date Section 6.1 Condo Indemnity Obligations Section 14.1 Construction Documents Section 4.3 Contracts Section 1.3 Current Survey Section 3.1 Deed Section 6.3.1 Deposit Section 2.1 Designated Representatives Section 8.3.2 Due Diligence Section 4.1 Due Diligence Period Section 4.1 Election Notice Section 11.2 Escrow Agent Section 2.1 Escrow Deposits Article 12 Existing Survey Section 3.1 Existing Title Commitment Section 3.1 First Deposit Section 2.1 General Contractor Section 14.2 Indemnifying Party Section 14.1 Leases Section 1.3

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT
Assignment and Assumption of Purchase and Sale Agreement • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Purchase and Sale Agreement ("Assignment") is entered into between KBS-Legacy Apartment Community REIT Venture, LLC, a Delaware limited liability company ("Assignor"), and KBS Capital Advisors LLC, a Delaware limited liability company ("Assignee"), as of April 11, 2012 (the "Effective Date").

PURCHASE AND SALE CONTRACT between AVALON ILLINOIS VALUE III, LLC and KBS- LEGACY APARTMENT COMMUNITY REIT VENTURE, LLC AVALON LOMBARD Lombard, Illinois as of 3/22, 2012
Purchase and Sale Contract • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts • Illinois

THIS PURCHASE AND SALE CONTRACT (the "Contract") made as of this 22nd day of March, 2012 (the “Effective Date”), by and between AVALON ILLINOIS VALUE III, LLC having an office c/o AvalonBay Communities, Inc., Ballston Tower, 671 N. Glebe Road, Suite 800, Arlington, Virginia 22203 (hereinafter referred to as "Seller"), and KBS-LEGACY APARTMENT COMMUNITY REIT VENTURE, LLC, a Delaware limited liability company, having an office at7525 SE 24th Street, Suite 180, Mercer Island, Washington 98040 (hereinafter referred to as "Buyer").

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE CONTRACT
Assignment and Assumption of Purchase and Sale Contract • April 23rd, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Purchase and Sale Contract ("Assignment") is entered into between KBS-Legacy Apartment Community REIT Venture, LLC, a Delaware limited liability company ("Assignor"), and KBS Capital Advisors LLC, a Delaware limited liability company ("Assignee"), as of April 11, 2012 (the "Effective Date").

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