FORM 8-K - CURRENT REPORT
(As last amended in Rel. No. 34-36968, eff. 8/13/92)
UNITED STATES
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): May 31, 1996
CENTURY PROPERTIES FUND XII
(Exact name of registrant as specified in its charter)
California 0-8658 94-2414893
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification
Number)
One Insignia Financial Plaza
Post Office Box 1089
Greenville, South Carolina 29602
(Address of Principal Executive Office) (Zip Code)
(864) 239-1000
Registrant's telephone number, including area code
N/A
(Former name or former address, if changed since last report)
Item 2. Acquisition or Disposition of Assets
The Registrant sold both Country Club Plaza and Parkside Apartments on May
31, 1996. Country Club Plaza was sold to C&C Plaza, L.L.C., an unrelated party,
for $5,609,000. Parkside Apartments was sold to Bradford A. Phillips, an
unrelated party, for $2,000,000.
The Registrant is currently evaluating its cash needs to determine what
portion of the net proceeds can be distributed to its partners in the near
future.
Item 7. Financial Statements and Exhibits
(b) Pro forma financial information
The required pro forma financial information will be provided in the
Registrant's Quarterly report on Form 10-QSB for the quarter ended June 30,
1996.
SIGNATURE
In accordance with the requirements of the Exchange Act, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
CENTURY PROPERTIES FUND XII
By: Fox Capital Management Corporation
Its Managing General Partner
By: /s/ William H. Jarrard, Jr.
William H. Jarrard, Jr.
President and Director
DATE: June 19, 1996
