1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 15 Certification and Notice of Termination of Registration under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934. Commission File No. 0-9211 -------------- National Income Realty Trust ----------------------------------------------------------------------- (Exact name of registrant as specified in its charter) 280 Park Avenue East Building, 20th Floor New York, New York 10017 212-949-5000 212-949-8001 (facsimile) ----------------------------------------------------------------------- (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Shares of Beneficial Interest, No Par Value ----------------------------------------------------------------------- (Title of each class of securities covered by this Form) No. ----------------------------------------------------------------------- (Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains) Please place an x in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports: Rule 12g-4(a)(1)(i) [X] Rule 12h-3(b)(1)(ii) [ ] Rule 12g-4(a)(1)(ii) [ ] Rule 12h-3(b)(2)(i) [ ] Rule 12g-4(a)(2)(i) [ ] Rule 12h-3(b)(2)(ii) [ ] Rule 12g-4(a)(2)(ii) [ ] Rule 15d-6 [ ] Rule 12h-3(b)(1)(i) [x] Approximate number of holders of record as of the certification or notice date: -0- --------------------------- Pursuant to the requirements of the Securities Exchange Act of 1934, National Income Realty Trust has caused this certification/notice to be signed on its behalf of the undersigned duly authorized person. Date: May 5, 1999 NATIONAL REALTY INCOME TRUST ------------ By: /s/ Erin D. Davis ------------------------------------ Erin D. Davis, Vice President