ADVISORY AGREEMENTAdvisory Agreement • June 6th, 2014 • United Development Funding Income Fund V • Real estate investment trusts • Texas
This ADVISORY AGREEMENT (this “Agreement”) is entered into on this the ____ day of ___________, 2014; by and between UNITED DEVELOPMENT FUNDING INCOME FUND V, a Maryland real estate investment trust (the “Trust”), UDF V OP, L.P., a Delaware limited partnership (the “Partnership”), and American Realty Capital Residential Advisors, LLC, a Delaware limited liability company (the “Advisor”).
UNITED DEVELOPMENT FUNDING INCOME FUND V UP TO 50,000,000 COMMON SHARES OF BENEFICIAL INTEREST EXCLUSIVE DEALER MANAGER AGREEMENTSoliciting Dealer Agreement • June 6th, 2014 • United Development Funding Income Fund V • Real estate investment trusts • New York
United Development Funding Income Fund V (the “Trust”) is a Maryland real estate investment trust that intends to qualify to be taxed as a real estate investment trust (a “REIT”) for federal income tax purposes beginning with the taxable year ending December 31, 2014, or the first year during which the Trust begins material operations. The Trust proposes to offer (a) up to 37,500,000 common shares of beneficial interest, $0.01 par value per share (the “Shares”), for a purchase price of $20.00 per Share, in the primary offering (the “Primary Offering”), and (b) up to 12,500,000 Shares for a purchase price of $20.00 per Share for issuance through the Trust’s distribution reinvestment program (the “DRP” and together with the Primary Offering, the “Offering”) (subject to the right of the Trust to reallocate such Shares between the Primary Offering and the DRP), all upon the other terms and subject to the conditions set forth in the Prospectus (as defined in Section 1(a)).
ALLOCATION POLICY AGREEMENT BY AND AMONG UNITED DEVELOPMENT FUNDING, L.P., UNITED DEVELOPMENT FUNDING II, L.P., UNITED DEVELOPMENT FUNDING III, L.P., UNITED DEVELOPMENT FUNDING IV, UNITED DEVELOPMENT FUNDING LAND OPPORTUNITY FUND, L.P., UNITED...Allocation Policy Agreement • June 6th, 2014 • United Development Funding Income Fund V • Real estate investment trusts • Texas
