0001278384-07-000008 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • February 14th, 2007 • NTS Realty Holdings Lp • Real estate investment trusts • Kentucky

THIS PURCHASE AND SALE AGREEMENT (the “Agreement”) is made and entered into as of 10th day of November, 2006 (the “Effective Date”) by and between NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership, whose address is 10172 Linn Station Road, Louisville, Kentucky 40223 (“Seller”), and MERIDIAN REALTY INVESTMENTS, LLC, a Kentucky limited liability company, whose address is 101 South Fifth Street, Louisville, Kentucky 40202 (“Purchaser”).

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FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • February 14th, 2007 • NTS Realty Holdings Lp • Real estate investment trusts

This First Amendment to Purchase and Sale Agreement (the “First Amendment”) is made and entered into as of the 2nd day of January, 2007 by and between NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership (the “Seller”) and MERIDIAN REALTY INVESTMENTS, LLC, a Kentucky limited liability company (the “Purchaser”), and is joined in by COMMONWEALTH LAND TITLE INSURANCE COMPANY (the “Escrow Agent”) as follows:

FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • February 14th, 2007 • NTS Realty Holdings Lp • Real estate investment trusts

This First Amendment to Purchase and Sale Agreement (the “First Amendment”) is made and entered into as of the 2nd day of January, 2007 by and between NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership (the “Seller”) and MERIDIAN REALTY INVESTMENTS, LLC, a Kentucky limited liability company (the “Purchaser”), and is joined in by COMMONWEALTH LAND TITLE INSURANCE COMPANY (the “Escrow Agent”) as follows:

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