Assignment of Purchase and Sale Agreement by Eric Herman and Matt Lovett to Kinetic Real Estate, LLC
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Summary
Eric Herman and Matt Lovett, as buyers under a Purchase and Sale Agreement with AEI Income & Growth Fund XXII Limited Partnership and AEI Income & Growth Fund 25, LLC, are assigning all their rights and obligations in that agreement to Kinetic Real Estate, LLC. Kinetic Real Estate, LLC accepts the assignment and agrees to take on all responsibilities and benefits under the original agreement for the sale and purchase of the specified real property. The assignment is effective as of June 13, 2022.
EX-10.5 6 assgpsa.htm EX-10.5
ASSIGNMENT OF PURCHASE AND SALE AGREEMENT
Pursuant to paragraph 23. d) of that that certain Purchase and Sale Agreement, dated March
3, 2022 (the Agreement), between AEI Income & Growth Fund XXII Limited Partnership, a
Minnesota limited partnership and AEI Income & Growth Fund 25, LLC, a Minnesota limited
liability company, as Seller, and Eric Herman and Matt Lovett, as Buyer, Eric Herman and Matt
Lovett hereby assign to Kinetic Real Estate, LLC, Assignee, all of Assignors' interest in the
Agreement for the sale and purchase of the real property described therein. Assignee hereby
accepts assignment, transfer and conveyance of the Agreement and hereby assumes all of
Assignor's rights, duties and obligations under the Agreement.
Dated this 13th day of June 2022.
Assignor
/s/ Eric Herman
Eric Herman
June 13, 2022
/s/ Matt Lovett
Matt Lovett
June 13, 2022
Assignee
Kinetic Real Estate, LLC
By: Dr EJH, LLC,
a Florida limited liability company
its Manager
By: /s/ Eric Herman
Eric Herman, Manager
June 13, 2022
