0001065645-03-000007 Sample Contracts

OFFICE LEASE AGREEMENT
Office Lease Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Puerto Rico

THIS LEASE AGREEMENT (hereinafter referred to as the "Lease") entered into this 24th day of September, 1997 by and between EL MONTE PROPERTIES S.E. (hereinafter referred to as ("Landlord") and INTERSTATE GENERAL PROPERTIES LIMITED PARTNERSHIP S.E., hereinafter referred to as ("Tenant").

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SECOND AMENDMENT TO CERTIFICATE AND AGREEMENT OF LIMITED PARTNERSHIP OF VILLAGE LAKE APARTMENTS LIMITED PARTNERSHIP
Certificate and Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland

This SECOND AMENDMENT TO CERTIFICATE AND AGREEMENT OF LIMITED PARTNERSHIP OF VILLAGE LAKE APARTMENTS LIMITED PARTNERSHIP (this " "Amendment") is entered into as of the 23rd day of January, 2003.

LIMITED PARTNERSHIP AGREEMENT AND AMENDED AND RESTATED LIMITED PARTNERSHIP CERTIFICATE OF COACHMAN'S LIMITED PARTNERSHIP
Limited Partnership Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland

THIS LIMITED PARTNERSHIP AGREEMENT AND AMENDED AND RESTATED LIMITED PARTNERSHIP CERTIFICATE OF COACHMAN'S LIMITED PARTNERSHIP (this "Agreement") is made and entered into as of the 2nd day of June, 1988, by and between Interstate Business Corporation, a Delaware corporation ("IBC"), and Interstate General Company L.P., a Delaware limited partnership ("IGC LP").

CONSULTING AGREEMENT
Consulting Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

THIS CONSULTING AGREEMENT ("Agreement") is made and entered into this 1st day of January 1998, by and between ST. CHARLES COMMUNITY, LLC (the "Company") and Thomas J. Shafer (the "Consultant").

ASSIGNMENT OF PARTNERSHIP INTEREST AND AMENDMENT TO THE CERTIFICATE OF LIMITED PARTNERSHIP OF COACHMAN'S LIMITED PARTNERSHIP
Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland

This Agreement is made as of the 30th day of June, 1997, by and between Interstate Business Corporation, a Delaware corporation ("IBC") and Interstate General Company L.P., a Delaware Limited Partnership ("IGC").

LEASE AMENDMENT VI
Lease Amendment • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

THIS LEASE AMENDMENT (the "Amendment") is made as of the 24th day of July 2002, by and between SMALLWOOD VILLAGE ASSOCIATES ("Landlord") and American Rental Management Company ("Tenant").

LEASE AMENDMENT V
Lease Amendment • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

THIS LEASE AMENDMENT (the "Amendment") is made as of the 1st day of September 2000, by and between SMALLWOOD VILLAGE ASSOCIATES ("Landlord") and American Rental Management Company ("Tenant").

FIRST AMENDMENT TO CERTIFICATE OF LIMITED PARTNERSHIP OF VILLAGE LAKE APARTMENTS LIMITED PARTNERSHIP
American Community Properties Trust • March 31st, 2003 • Land subdividers & developers (no cemeteries)

This FIRST AMENDMENT TO CERTIFICATE OF LIMITED PARTNERSHIP OF VILLAGE LAKE APARTMENTS (this "Amendment") is made and entered into as of the 13 day of May, 1992.

LEASE AMENDMENT II
Lease • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

THIS LEASE AMENDMENT (the "Amendment") is made as of the 24th day of July, 2002 by and between SMALLWOOD VILLAGE ASSOCIATES ("Landlord") and AMERICAN RENTAL MANAGEMENT COMPANY ("Tenant").

JOINT VENTURE AGREEMENT FOR ST. CHARLES ACTIVE ADULT COMMUNITY
Joint Venture Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland

THIS JOINT VENTURE AGREEMENT FOR ST. CHARLES ACTIVE ADULT COMMUNITY (the "Agreement") is made this 14th day of November, 2002, by and between U.S. HOME CORPORATION, a Delaware corporation (hereinafter "USH"), and ST. CHARLES COMMUNITY, LLC, a Delaware limited liability company (hereinafter "SCC").

ASSIGNMENT AND ASSUMPTION OF LEASE
Assignment and Assumption of Lease • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

This Assignment and Assumption of Lease is made as of the 1st day of September, 2000 by and between Interstate General Company LP, (hereinafter referred to as "Assignor") and American Rental Management Company (hereinafter referred to as "Assignees").

ASSIGNMENT OF PARTNERSHIP INTEREST AND AMENDMENT TO THE CERTIFICATE OF LIMITED PARTNERSHIP OF COACHMAN'S LIMITED PARTNERSHIP
Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland

This agreement is made as of the 28th day of September, 2001 ("Effective Date"), by and between Interstate Business Corporation ("IBC"), a Delaware corporation, Interstate General Company L.P. ("IGC"), a Delaware limited partnership, and Wilson Securities Corporation ("WSC") a Delaware corporation.

LEASE AMENDMENT VII
American Community Properties Trust • March 31st, 2003 • Land subdividers & developers (no cemeteries)

THIS LEASE AMENDMENT (the "Amendment") is made as of the 28 day of February 2003, by and between SMALLWOOD VILLAGE ASSOCIATES ("Landlord") and American Rental Management Company ("Tenant").

THIRD AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT AND AMENDED AND RESTATED LIMITED PARTNERSHIP CERTIFICATE OF COACHMAN'S LIMITED PARTNERSHIP
Limited Partnership Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland

This THIRD AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT AND AMENDED AND RESTATED LIMITED PARTNERSHIP CERTIFICATE OF COACHMAN'S LIMITED PARTNERSHIP (this "Amendment") is entered into as of the 23rd day of January, 2003.

AMENDMENT TO LEASE AGREEMENT DORAL BUILDING
Lease Agreement • March 31st, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

AGREEMENT made this 13th day of February 2002 by and between EL MONTE PROPERTIES S.E., hereinafter referred to as the LANDLORD, herein represented by its Agent, Interstate General Properties Limited Partnership S.E., herein represented by Ms. Margarita Rivera Roman, Assistant Vice President Commercial Leasing, and INTERSTATE GENERAL PROPERTIES LIMITED PARTNERSHIP S.E., herein represented by its President, Mr. Carlos R. Rodriguez, hereinafter referred to as the TENANT.

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