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PURCHASE AND SALE AGREEMENT

Purchase and Sale Agreement

PURCHASE AND SALE AGREEMENT | Document Parties: BRT REALTY TRUST | Brookside Properties, Inc | TRB Chattanooga LLC You are currently viewing:
This Purchase and Sale Agreement involves

BRT REALTY TRUST | Brookside Properties, Inc | TRB Chattanooga LLC

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Title: PURCHASE AND SALE AGREEMENT
Governing Law: Tennessee     Date: 8/7/2008
Industry: Real Estate Operations     Sector: Services

PURCHASE AND SALE AGREEMENT, Parties: brt realty trust , brookside properties  inc , trb chattanooga llc
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EXHIBIT 10.2

 

SECOND AMENDMENT TO

 

PURCHASE AND SALE AGREEMENT

 

This SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “ Second Amendment ”) is entered into as of the 5 th day of August, 2008, by and between Brookside Properties, Inc., a Tennessee corporation (“ Buyer ”), and TRB Chattanooga LLC, a Tennessee limited liability company (the “ Seller ”).

 

R   E   C   I   T   A   L   S :

 

WHEREAS, Seller and Buyer entered into a Purchase and Sale Agreement dated as of July 17, 2008, as amended by First Amendment to Purchase and Sale Agreement dated as of August 1, 2008 (as it may be amended from time to time, the “ Agreement ”) with regard to certain real property more particularly described in the Agreement; and

 

WHEREAS, Seller and Buyer desire to further amend certain terms and provisions of the Agreement pursuant to the terms hereof.

 

NOW, THEREFORE, for and in consideration of the foregoing premises and other valuable considerations, the receipt and sufficiency of which are hereby acknowledged, Seller and Buyer hereby further amend the Agreement as follows:

 

1.   Defined Terms . Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.

 

2.   Amendment . The first sentence of Section 5(c) of the Agreement is hereby deleted in its entirety and the


 
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