0001169232-05-002931 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 31st, 2005 • Berkshire Income Realty Inc • Real estate

THIS PURCHASE AND SALE AGREEMENT (the “Agreement”) dated as of May 24, 2005, between BERKSHIRE INCOME REALTY-OP, L.P., a Delaware limited partnership or its nominee (“Buyer”), with an address of c/o Berkshire Income Realty, Inc., One Beacon Street, Suite 1550, Boston, Massachusetts 02108, Attention: Stephen Zaleski, Telecopier No. 617-646-2374, and Lake Ridge Apartments, LLC, a Virginia limited liability company (“Seller”), with an address of 544 Newtown Road, Suite 128, Virginia Beach, Virginia 23462, Attention: David S. Rudiger, Telecopier No. 757-552-0975.

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 31st, 2005 • Berkshire Income Realty Inc • Real estate

AGREEMENT dated as of May 26, 2005, between McNab KC 3 Limited Partnership, a Massachusetts limited partnership (“Seller”), with an address of c/o The Berkshire Group, One Beacon Street, Suite 1550, Boston, Massachusetts 02108, Attention: Stephen C. Parthum, Telecopier No. 617-646-2374, and Bay Pompano Beach, LLC, a Florida limited liability company (“Buyer”), with an address of c/o Bay Communities, 4800 N. Federal Highway, Suite A-205, Boca Raton, Florida 33431, Attention: Valerie E. Kaan, Telecopier No. 561-391-4089.

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