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EXHIBIT "L" FORM OF WITHHOLDING EXEMPTION CERTIFICATE YEAR CALIFORNIA FORM 2005 Real Estate Withholding Certificate 593 -C Part I — Seller's Information Return this form to Your escrow Comnanv. Name (including spouse, if jointly owned —see instructions —type or print) SSN, FEIN or CA Corporation no. Address (number and sheet) I Private Mailbox no. Souse's SSN (if jointly owned YES NO 1. Does the property quality as the seller's (or decedents, If being sold by the decedent's' estate), principal residence within the meaning of Internal City State ZIP Code Note: If you do not furnish your tax ID number this certificate is void. Property address (if no street address, provide parcel number and county) Ownership percentage Read the following and check the appropriate box. (See line -by -line notes in the instructions.) Part II — Certifications which fully exempt the sale from withholding: YES NO 1. Does the property quality as the seller's (or decedents, If being sold by the decedent's' estate), principal residence within the meaning of Internal ❑ ❑ Revenue Code IRC Section 121. ....... ................ ............... ... 2. Did the seller (or decedent, If being sold by the decedent's estate) last use the property as the sellers (decedent's) principal residence within the meaning of IRC Section 121 without regard to the two -year time period? ................................................................................................. ...I........................... ❑ ❑ 3. WIII the seller have a loss or zero gain for California income tax purposes on this sale? (To check "YES," you must complete Form 593 -L, Real Estate Withholding - Computation of Estimated Gain orLoss, and have a loss or zero gain on line 16.) ................................................... ............................... El 1:1 . sgepfypertn being converted and does the seller Intend to acquire property that is similar o r related In service or use y being to qualify for nation of gin for California nonrecognition of rCunrnvncometaxpurposesunderIRCSection1033? .......................................................... ............................... ❑ ❑ 5. Will the transfer qualify for nonrecognition treatment under IRC Section 351 (transfer to a corporation controlled by the transferor) or IRC Section 721 contribution to a partnership in exchange for a partnership Interest)? ...................................................................................................... ............................... ❑ ❑ 6. Is the seller a corporation (or an LLC classified as a corporation for federal and California income tax purposes) that is either qualified through the Secretary of State or has a permanent place of Business In California? ................................................................................... ............................... 11 El 7. Is the seller a partnershlp (or an LLC that Is not a disregarded single member LLC and is classified as a partnership for federal and California income tax purposes) with recorded title to the property in the name of the partnership or LLC? (If yes, the partnership or LLC must withhold on nonresident partnersor members as required.) ............................................................................................................................................................. ..................I............ ❑ ❑ 8. Is the seller a tax - exempt entity under either California or federal law? ..................................................................................................... ............................... ❑ ❑ 9. Is the seller an Insurance company, Individual retirement account, qualified pension /profit sharing plan, or charitable remainder trust? .............................. ❑ ❑ Part IH — Certifications that may be partially or fully exempt the sale from withholding: Escrow Officer: See instructions for amounts to withhold. 10. Will the transfer qualify as a simultaneous like -kind exchange within the meaning of IRC Section 1031? ................................................. ............................... ❑ ❑ 11. Will the transfer qualify as a deferred like -kind exchange within the meaning of IRC Section 1031? ........................................................ ............................... ❑ ❑ 12. Will the transfer of this property bean Installment sale that you will report as such for California tax purposes and has the buyer agreed to withhold ❑ ❑ on each principal payment instead ofwithhoiding the full amount at the time of transfer? ................................................. .-................................................... Part IV —Seller's Signature Under penalties of perjury, I hereby certify that the information provided above is, to the best of my knowledge, into and correct, If conditions change, I will promptly inlnrm the withholding agent. I understand that completing this form does not exempt me from filing a California income or franchise tax return m report this sale. Seller's Name and Title Seller's Signature Date Spouse's Name Seller's Signature Date Seller: If you checked "YES" to any question In Part II, you are exempt from real estate withholding. If you checked "YES" to any question in Part III, you may qualify for a partial or complete withholding exemption. If you checked "NO" to all of the questions in Part II and Part III, the withholding will be 3113 percent of the total sales price. If you are withheld upon, the withholding agent should give you two copies of Form 593 -8, Real Estate Withholding Tax Statement. Attach one copy to the lower front of your California income tax return and keep the other copy for your records. EXHIBIT L -1 600090435v6 8-250