SUBSCRIPTION AGREEMENTSubscription Agreement • February 14th, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland
This SUBSCRIPTION AGREEMENT (this "Agreement") is entered into as of the _____ day of ____________, 2002, by and between VILLAGE LAKE APARTMENTS LIMITED PARTNERSHIP, a Maryland limited partnership with offices at 222 Smallwood Village Center, St. Charles (Waldorf), Maryland 20602 (the "Partnership"), and AMERICAN HOUSING PROPERTIES, L.P., a Delaware limited partnership with offices at 222 Smallwood Village Center, St. Charles, Maryland 20602 (the "Purchaser").
ASSIGNMENT AND TRANSFER OF LIMITED PARTNERSHIP INTEREST WITH ACCEPTANCE, ACKNOWLEDGEMENT AND CONSENTAmerican Community Properties Trust • February 14th, 2003 • Land subdividers & developers (no cemeteries)
FOR VALUE RECEIVED, the undersigned ("Transferor") hereby sells, assigns, transfers, sets over, delivers and forever and unconditionally relinquishes unto VILLAGE LAKE APARTMENTS LIMITED PARTNERSHIP, a Maryland limited partnership (the "Partnership"), all of Transferor's right, title, and interest in and to the Partnership, constituting a one percent (1%) limited partnership interest in the Partnership, and hereby withdraws from the Partnership.
