1
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):
December 5, 1997 (November 20,1997)
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RANCON REALTY FUND III,
A CALIFORNIA LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
California 0-13157 33-0023868
(State or other (Commission (IRS Employer
jurisdiction of File Number) I.D. Number)
incorporation)
400 South El Camino Real, Suite 1100, San Mateo, California 94402
(Address of principal executive offices)
Registrant's Telephone number, including area code: (650) 343-9300
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Item 2. ACQUISITION OR DISPOSITION OF ASSETS
On November 20, 1997, Rancon Realty Fund III, a California Limited Partnership
("the Partnership"), sold its sole real estate asset approximately 8.79 acres of
San Bernardino land to an unrelated party for $1,060,000. The sale proceeds were
used to pay settlement and other closing costs with the remaining net proceeds
of $943,000 added to the Partnership's cash reserves. Upon settlement of all
liabilities and distribution of its remaining assets, the Partnership will be
dissolved. The Partnership plans to distribute approximately $3,585,000 before
December 31, 1997.
The Partnership will file Form 15, Certification and Notice of Termination of
Registration under Section 12(g) of the Securities Exchange Act of 1934, when
the dissolution of the Partnership occurs.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
RANCON REALTY FUND III,
A CALIFORNIA LIMITED PARTNERSHIP
(Registrant)
Date: December 5, 1997 By: /s/ Daniel Stephenson
Daniel L. Stephenson
General Partner and Director, President,
Chief Executive Officer and Chief
Financial Officer ofRancon Financial
Corporation, General Partner of
Rancon Realty Fund III, a California
Limited Partnership
