Common use of Reporting Standards Clause in Contracts

Reporting Standards. All such reports, appraisals and other items shall be prepared and presented in accordance with modified generally accepted accounting principles (GAAP) as defined in the National Council of Real Estate Investment Fiduciaries (NCREIF) Market Value Accounting Policy Manual and other standards required by Investor of its real estate investment advisors. EXHIBIT F MANAGEMENT COMMITTEE PROVISIONS

Reporting Standards. All such reports, appraisals reports and other items shall be prepared and presented in accordance with modified generally accepted accounting principles (GAAP) as defined in the National Council of Real Estate Investment Fiduciaries (NCREIF) Market Value Accounting Policy Manual and other standards required by Investor CalSTRS of its real estate investment advisors. Exhibit D – 2 EXHIBIT F E CERTAIN MANAGEMENT COMMITTEE PROVISIONS

Reporting Standards. All such reports, appraisals and other items shall be prepared and presented in accordance with modified generally accepted accounting principles (GAAP) as defined in the National Council of Real Estate Investment Fiduciaries (NCREIF) Market Value Accounting Policy Manual and other standards required by Investor of its real estate investment advisors. EXHIBIT F MANAGEMENT COMMITTEE PROVISIONS.

Reporting Standards. All such reports, appraisals reports and other items shall be prepared and presented in accordance with modified generally accepted accounting principles (GAAP) as defined in the National Council of Real Estate Investment Fiduciaries (NCREIF) Market Value Accounting Policy Manual and other standards required by Investor CalSTRS of its real estate investment advisors. EXHIBIT F MANAGEMENT COMMITTEE PROVISIONSE