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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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) April 1, 1995
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National Income Realty Trust
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(Exact name of registrant as specified in its charter)
California 0-9211 94-2537061
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File No.) Identification No.)
280 Park Avenue, East Building, 20th Floor, New York, New York 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 949-5000
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(Former name or former address, if changed since last report)
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Item 5. OTHER EVENTS.
At its March 9, 1995 meeting, the Board of Trustees of National Income
Realty Trust ("NIRT") approved a revised Advisory Agreement with Tarragon
Realty Advisors effective April 1, 1995, which is to be submitted to the
Shareholders for approval at the next Annual Meeting. The revised Advisory
Agreement is similar to the Advisory Agreement dated February 15, 1994 with
Tarragon Realty Advisors, Inc. (the terms of which were substantially the same
as those of the Basic Capital Management, Inc. Advisory Agreement previously in
effect) but eliminates the base annual fee requirement and makes various
technical changes designed to further clarify the responsibility of Tarragon
Realty Advisors, Inc.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits. The following are filed herewith as
exhibits as required or permitted by Item 601 of Regulation S-K:
EXHIBIT DESCRIPTION OF
DESIGNATION EXHIBIT
10.1 Advisory Agreement dated April 1, 1995 between
National Income Realty Trust and Tarragon Realty
Advisors, Inc.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
NATIONAL INCOME REALTY TRUST
(Registrant)
By /s/ Katie Jackson
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Katie Jackson, Vice President and
Chief Accounting Officer
Dated: April 28, 1995
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EXHIBIT INDEX
EXHIBIT
DESIGNATION DESCRIPTION OF EXHIBIT
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10.1 Advisory Agreement dated April 1, 1995 between
National Income Realty Trust and Tarragon Realty
Advisors, Inc.