0001486279-10-000004 Sample Contracts

MANAGEMENT AGREEMENT (Bent Oaks)
Management Agreement • April 30th, 2010 • Resource Real Estate Investors 7, L.P. • Texas

THIS MANAGEMENT AGREEMENT (this “Agreement”), is made and entered into this 10 day of December, 2008 (the “Effective Date”), by and between RESOURCE REAL ESTATE MANAGEMENT, LLC, a Delaware limited liability company (“RREM”) and RESOURCE REAL ESTATE MANAGEMENT, INC., a Delaware corporation (“Manager”).

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ASSET MANAGEMENT AGREEMENT
Asset Management Agreement • April 30th, 2010 • Resource Real Estate Investors 7, L.P. • Pennsylvania

This ASSET MANAGEMENT AGREEMENT (this “Agreement”) is dated as of this 13 day of July, 2008, between RRE TAMARLANE HOLDINGS, LLC, a Delaware limited liability company (the “Owner”), and RESOURCE REAL ESTATE MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”), with reference to the following facts:

EXHIBIT (A) FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF RESOURCE REAL ESTATE INVESTORS 7, L.P.
Limited Partnership Agreement • April 30th, 2010 • Resource Real Estate Investors 7, L.P. • Delaware

Section No. Description Page Section No. Description Page I. DEFINITION OF TERMS X POWERS AND LIABILITIES OF LIMITED 1.01 Defined Terms 1 PARTNERS 10.01 Absence of Control Over Partnership II. FORMATION Business 25 2.01 Formation of Partnership 12 10.02 Limited Liability 25 III. NAME XI. DISTRIBUTIONS AND ALLOCATIONS 3.01 Name 12 11.01 Distribution of Distributable Cash from Operations 26 IV. PLACES OF BUSINESS 11.02 Distribution of Distributable Cash from 4.01 Registered Agent and Office 12 Capital Transactions 26 4.02 Principal Place of Business 12 11.03 Allocations of Income and Loss 26 4.03 Other Places of Business 13 11.04 Special Allocations 27 4.04 Amendments 13 11.05 Distributions and Allocations Among the Limited Partners 29 V. NAMES AND ADDRESSES OF PARTNERS 11.06 Tax Allocations: Code Section 704(c); 5.01 Names and Addresses of Partners 13 Revaluations 29 11.07 No Distributions in Kind 30 VI.. PURPOSE AND OBJECTIVE 11.08 Partnership Entitled to Withhold 30 6.01 Purpose 13 XI

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