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 Number 0-10116
Preferred Properties Fund 81
(Exact name of registrant as specified in its charter)
5665 Northside Drive, N.W.
Atlanta, Georgia 30328
Telephone: 404-916-9090
(Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)
Limited Partnership Units
(Title of each class of securities covered by this Form)
None
(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)(i) [ ]
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) [ ]
Approximate number of holders of record as of the certification or
notice date:
None - Partnership has dissolved
Pursuant to the requirements of the Securities Exchange Act of 1934
Preferred Properties Fund 81 has caused this certification/notice to
be signed on its behalf by the undersigned duly authorized person.
Date:May ____, 1995
By: Montgomery Realty Company-80,
its general partner
By: Fox Realty Investors,
its managing general partner
By: NPI Equity Investments II, Inc.,
its managing general partner
By: /s/ Michael L. Ashner
_______________________
Michael L. Ashner,
President
