Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Steadfast Income REIT, Inc. | g27533e8vk.htm |
| EX-10.3 - EX-10.3 - Steadfast Income REIT, Inc. | g27533exv10w3.htm |
| EX-10.1 - EX-10.1 - Steadfast Income REIT, Inc. | g27533exv10w1.htm |
| EX-10.2 - EX-10.2 - Steadfast Income REIT, Inc. | g27533exv10w2.htm |
Exhibit 10.4
ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to
SIR CLARION PARK, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s
rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint
Escrow Instructions dated May 3, 2011, as amended to the date hereof (as amended, the “Purchase
Agreement”), between Olathe Housing Associates Limited Partnership (“Seller”) and
Assignor for the purchase and sale of that certain real property located in Olathe, Kansas, as more
particularly described in Exhibit A attached hereto (the “Property”).
Assignee hereby agrees to and shall assume, perform and be fully responsible for the performance of
all of the obligations of Assignor under the Purchase Agreement.
All of the provisions, covenants and agreements contained in the Assignment shall extend to and be
binding upon the respective legal representatives, successors and assigns of Assignor and Assignee.
This Assignment represents the entire agreement between Assignor and Assignee with respect to the
subject matter of the Assignment , and all prior or contemporaneous agreements regarding such
matters are hereby rendered null and void and of no force and effect.
(SIGNATURES APPEARS ON FOLLOWING PAGE)
WITNESS
THE EXECUTION HEREOF, as of this June 13, 2011.
| ASSIGNOR: STEADFAST ASSET HOLDINGS, INC., a California corporation |
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| By: | /s/ Dinesh Davar | |||
| Name: | Dinesh Davar | |||
| Title: | Chief Financial Officer | |||
| ASSIGNEE: SIR CLARION PARK, LLC an Delaware limited liability company |
||||
| By: | Steadfast Income Advisor, LLC, | |||
| a Delaware limited liability | ||||
| company, its Manager | ||||
| By: | /s/ Ana Marie del Rio | |||
| Name: | Ana Marie del Rio | |||
| Title: | Secretary | |||
Exhibit A
DESCRIPTION OF THE LAND
That certain real property described as:
LOT 3, DELMAR GARDENS, A SUBDIVISION IN THE CITY OF OLATHE, JOHNSON COUNTY KANSAS.