UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): May 31, 2013
REAL ESTATE ASSOCIATES LIMITED III
(Exact name of registrant as specified in its charter)
| California | 0-10673 | 95-3547611 | |||
| (State or Other Jurisdiction of | (Commission File Number) | (I.R.S. Employer | |||
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| 80 International Drive Greenville, South Carolina 29615 |
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| (Address of Principal Executive Offices, including zip code) |
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Registrant’s Telephone Number, Including Area Code: (864) 239-1000
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
Real Estate Associates Limited III, a California limited partnership (the “Registrant”), holds a 99% limited partnership interest in Santa Maria Limited Dividend Partnership Associates, a Massachusetts limited partnership (“Santa Maria”).
As previously disclosed, on October 26, 2011, Santa Maria entered into a purchase and sale contract to sell its investment property to a third party.
As previously disclosed, on November 16, 2012, Santa Maria entered into an amendment to its purchase and sale contract, the terms of which extended the closing date for the sale of Santa Maria’s investment property to March 29, 2013.
As previously disclosed on March 22, 2013, Santa Maria entered into an amendment to its to its purchase and sale contract, the terms of which extended the closing date for the sale of Santa Maria’s investment property to May 31, 2013.
On May 31, 2013, Santa Maria entered into an amendment to its purchase and sale contract, the terms of which extended the closing date for the sale of Santa Maria’s investment property to September 30, 2013. The Registrant’s investment balance in Santa Maria was zero as of March 31, 2013 and December 31, 2012.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| REAL ESTATE ASSOCIATES LIMITED III |
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| By: National Partnership Investments, LLC Corporate General Partner
By: /s/ Edward Schmidt |
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| Edward Schmidt |
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| Director of Reporting |
DATED: June 4, 2013