Assignment and Transfer of Limited Partnership Interest Sample Contracts

ASSIGNMENT AND TRANSFER OF LIMITED PARTNERSHIP INTEREST WITH ACCEPTANCE, ACKNOWLEDGEMENT AND CONSENT
Assignment and Transfer of Limited Partnership Interest • February 14th, 2003 • American Community Properties Trust • Land subdividers & developers (no cemeteries)

FOR VALUE RECEIVED, the undersigned ("Transferor") hereby sells, assigns, transfers, sets over, delivers and forever and unconditionally relinquishes unto VILLAGE LAKE APARTMENTS LIMITED PARTNERSHIP, a Maryland limited partnership (the "Partnership"), all of Transferor's right, title, and interest in and to the Partnership, constituting a one percent (1%) limited partnership interest in the Partnership, and hereby withdraws from the Partnership.