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EX-99.1 - AMENDMENT TO LPA - REAL ESTATE ASSOCIATES LTD/CA | rea_ex99z1.htm |
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): July 25, 2013
REAL ESTATE ASSOCIATES LIMITED
(Exact name of registrant as specified in its charter)
California | 0-09262 | 95-3187912 | |||
(State or Other Jurisdiction of | (Commission File Number) | (I.R.S. Employer | |||
Incorporation) |
| Identification No.) | |||
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| 80 International Drive Post Office Box 1089 Greenville, South Carolina 29602 | ||||
| (Address of Principal Executive Offices, including zip code) | ||||
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Registrants 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 2.01
Completion of Acquisition or Disposition of Assets
Real Estate Associates Limited (the “Registrant) is a limited partner of Emporia Limited, a Virginia limited partnership (the Partnership), which owns Northwood Village, a 72-unit affordable property in Emporia, Virginia. On July 24, 2013, the Registrant withdrew from the Partnership and received the sum of $400,000 in full satisfaction of all obligations and liabilities due the Registrant by the Partnership.
In accordance with the Partnership Agreement, the Registrants general partner is evaluating the cash requirements of the Registrant to determine whether any portion of the net proceeds will be distributed to the Registrants partners.
Item 9.01
Financial Statements and Exhibits
10.1 Second Amendment to Amended and Restated Agreement and Certificate of Limited Partnership of Emporia Limited.
1
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.
| REAL ESTATE ASSOCIATES LIMITED |
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| By: National Partnership Investments, LLC Corporate General Partner By: /s/ Edward Schmidt |
| Edward Schmidt |
| Director of Reporting |
DATED: July 25, 2013