0001558370-14-000046 Sample Contracts

PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • May 29th, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts

THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of May 22, 2014 (the “Effective Date”), by and between STAR AT SPRING HILL, LLC, a Delaware limited liability company (“Owner”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Manager”).

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ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT
Assignment and Assumption of Purchase Agreement • May 29th, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR AT SPRING HILL, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated April 7, 2014, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between Villages at Spring Hill, L.P., a Tennessee limited partnership (“Seller”) and Assignor for the purchase and sale of that certain real property located in Spring Hill, Tennessee, as more particularly described in Exhibit A attached hereto (the “Property”).

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