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): June 11, 2014
REAL ESTATE ASSOCIATES LIMITED VI
(Exact name of registrant as specified in its charter)
California | 0-13112 | 95-3778627 | ||
(State or Other Jurisdiction of | (Commission File Number) | (I.R.S. Employer | ||
Incorporation) |
| Identification No.) | ||
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| P.O. Box 91274 Los Angeles, California 90009 | |||
| (Address of Principal Executive Offices, including zip code) | |||
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Registrants Telephone Number, Including Area Code: (720) 387-8135
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 1.01
Entry into a Material Definitive Agreement
Real Estate Associates Limited VI, a California limited partnership (the Registrant), holds a 90% limited partnership interest in Park Place Associates, a New Jersey limited partnership (the Partnership). On June 11, 2014, the Registrant entered into an Assignment and Assumption Agreement (the Assignment Agreement) by and among the Registrant, Park Place Limited Partner, LLC, a Delaware limited liability company (Assignee) and Park Place Preservation, a Delaware limited liability company, the General Partner of the Partnership, pursuant to which Registrant and agreed to assign 100% of its interests in the Partnership to the Assignee in exchange for a payment of $900,000. Following such payment, the Registrant will no longer hold any interest in the Partnership and will have no rights, obligations or liabilities related thereto. Closing of this transaction is scheduled to occur no later than December 31, 2014.
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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 VI |
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| By: National Partnership Investments, LLC Corporate General Partner By: /s/ Joseph Dryden |
| Joseph Dryden |
| V.P. of Finance/CFO |
DATED: June 13, 2014