SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
Courtyard by Marriott II Limited Partnership
(Name of Issuer)
Limited Partnership Units
(Title of Class of Securities)
Not Applicable
(CUSIP Number)
Eggert Dagbjartsson
c/o Equity Resources Group, Incorporated, 14 Story Street,
Cambridge, Massachusetts 02138 (617) 876-4800
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 1, 1997
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box <M183>.
NOTE: Six copies of this statement, including all exhibits, should
be filed with the Commission. See Rule 13d-1(a) for other parties
to whom copies are to be sent.
- ---------------------
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following page(s))
<PAGE>
CUSIP No. Not Applicable 13D
1. NAMES AND IDENTIFICATION NO. OF REPORTING PERSONS:
Equity Resources Group, Incorporated I.R.S.# 04-2723870
Equity Resource Pilgrim Fund Limited Partnership I.R.S.#04-334815
Equity Resource Bay Fund Limited Partnership I.R.S.# 04-3293645
Equity Resource Fund X Limited Partnership I.R.S. #04-3383737
Equity Resource Fund XV Limited Partnership I.R.S.# 04-3182947
Equity Resource Fund XVI Limited Partnership I.R.S.# 04-3223091
Equity Resource Fund XVII Limited Partnership I.R.S.#04-3336435
Equity Resource Fund XVIII Limited Partnership I.R.S.#04-3297814
Equity Resource Fund XX Limited Partnership I.R.S.#04-3336435
Equity Resource Fund XXI Limited Partnership I.R.S.#04-3383737
James E. Brooks
Mark S. Thompson
Eggert Dagbjartsson
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) |X|
(B) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC $3,661,443
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Equity Resources Group, Incorporated is a Massachusetts corporation.
Equity Resource Pilgrim Fund Limited Partnership is a Massachusetts
limited partnership.
Equity Resource Bay Fund Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund X Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XV Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XVI Limited Partnership is a Massachusetts
limited partnership.
Equity Resource Fund XVII Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XVIII Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XX Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XXI Limited Partnership is a Massachusetts limited
partnership.
James E. Brooks is a United States citizen.
Mark S. Thompson is a United States citizen.
Eggert Dagbjartsson is a United States citizen.
<PAGE>
CUSIP No. Not Applicable 13D
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7. SOLE VOTING POWER
9.83 Units are held by Equity Resource Fund XX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated is the sole general partner (the "Fund XX General Partner").
The Fund XX General Partner as a reporting person in its capacity as
general partner of such limited partnership has sole voting power with
respect to such Units.
25.5 Units are held by Equity Resource Fund XXI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated is the sole general partner (the "Fund XXI General
Partner"). The Fund XXI General Partner as a reporting person in its
capacity as general partner of such limited partnership has sole voting
power with respect to such Units.
8. SHARED VOTING POWER
12 Units are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners (the "Pilgrim
Fund General Partners"). Voting power with respect to such Units is
shared by the Pilgrim Fund General Partners as reporting persons in their
capacities as general partners of such limited partnership.
22 Units are held by Equity Resource Bay Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners (the "Bay Fund
General Partners"). Voting power with respect to such Units is shared by
the Bay Fund General Partners as reporting persons in their capacities as
general partners of such limited partnership.
1 Unit is held by Equity Resource Fund X Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners (the "Fund X
General Partners"). Voting power with respect to such Unit is shared by
the Fund X General Partners as reporting persons in their capacities as
general partners of such limited partnership.
3.5 Units are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners (the "Fund XV
General Partners"). Voting power with respect to such Units is shared by
the Fund XV General Partners as reporting persons in their capacities as
general partners of such limited partnership.
1 Unit is held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners (the "Fund XVI
<PAGE>
CUSIP No. Not Applicable 13D
General Partners"). Voting power with respect to such Unit is shared by
the Fund XVI General Partners as reporting persons in their capacities as
general partners of such limited partnership.
1.5 Units are held by Equity Resource Fund XVII Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Eggert Dagbjartsson are the general partners (the "Fund
XVII General Partners"). Voting power with respect to such Units is
shared by the Fund XVII General Partners as reporting persons in their
capacities as general partners of such limited partnership.
20.25 Units are held by Equity Resource Fund XVIII Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners (the "Fund
XVIII General Partners"). Voting power with respect to such Units is
shared by the Fund XVIII General Partners as reporting persons in their
capacities as general partners of such limited partnership.
See Item 2 below for other required information.
9. SOLE DISPOSITIVE POWER
9.83 Units are held by Equity Resource Fund XX Limited Partnership, a
Massachusetts limited partnership. The Fund XX General Partner as a
reporting person in its capacity as general partner of such limited
partnership has sole dispositive power with respect to such Units.
25.5 Units are held by Equity Resource Fund XXI Limited Partnership, a
Massachusetts limited partnership. The Fund XXI General Partner as a
reporting person in its capacity as general partner of such limited
partnership has sole dispositive power with respect to such Units.
10. SHARED DISPOSITIVE POWER
12 Units are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
Units is shared by the Pilgrim Fund General Partners as reporting persons
in their capacities as general partners of such limited partnership.
22 Units are held by Equity Resource Bay Fund Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
Units is shared by the Bay Fund General Partners as reporting persons in
their capacities as general partners of such limited partnership.
1 Unit is held by Equity Resource Fund X Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
<PAGE>
CUSIP No. Not Applicable 13D
Unit is shared by the Fund X General Partners as reporting persons in
their capacities as general partners of such limited partnership.
3.5 Units are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
Units is shared by the Fund XV General Partners as reporting persons in
their capacities as general partners of such limited partnership.
1 Unit is held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
Unit is shared by the Fund XVI General Partners as reporting persons in
their capacities as general partners of such limited partnership.
1.5 Units are held by Equity Resource Fund XVII Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
Units is shared by the Fund XVII General Partners as reporting persons in
their capacities as general partners of such limited partnership.
20.25 Units are held by Equity Resource Fund XVIII Limited Partnership, a
Massachusetts limited partnership. Dispositive power with respect to such
Units is shared by the Fund XVIII General Partners as reporting persons
in their capacities as general partners of such limited partnership.
See Item 2 below for other required information.
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12 Units are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons James
E. Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general
partners.
22 Units are held by Equity Resource Bay Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners.
1 Unit is held by Equity Resource Fund X Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S.
Thompson are the general partners.
3.5 Units are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
<PAGE>
CUSIP No. Not Applicable 13D
1 Unit is held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
1.5 Units are held by Equity Resource Fund XVII Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Eggert Dagbjartsson are the general partners.
20.25 Units are held by Equity Resource Fund XVIII Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
9.83 Units are held by Equity Resource Fund XX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated is the sole general partner.
25.5 Units are held by Equity Resource Fund XXI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated is the sole general partner.
See Item 2 below for other required information.
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES(SEE INSTRUCTIONS) [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.8% are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons James
E. Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general
partners.
1.5% are held by Equity Resource Bay Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners.
.1% are held by Equity Resource Fund X Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners.
.2% are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
<PAGE>
CUSIP No. Not Applicable 13D
.1% Unit is held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
.1% are held by Equity Resource Fund XVII Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Eggert
Dagbjartsson are the general partners.
1.4% are held by Equity Resource Fund XVIII Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
.7% are held by Equity Resource Fund XX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated is the sole general partner.
1.7% are held by Equity Resource Fund XXI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated is the sole general partner.
See Item 2 below for other required information.
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
Equity Resources Group, Incorporated CO
Equity Resource Pilgrim Fund Limited Partnership PN
Equity Resource Bay Fund Limited Partnership PN
Equity Resource Fund X Limited Partnership PN
Equity Resource Fund XV Limited Partnership PN
Equity Resource Fund XVI Limited Partnership PN
Equity Resource Fund XVII Limited Partnership PN
Equity Resource Fund XVIII Limited Partnership PN
Equity Resource Fund XX Limited Partnership PN
Equity Resource Fund XXI Limited Partnership PN
James E. Brooks IN
Mark S. Thompson IN
Eggert Dagbjartsson IN
Item 1. Security and Issuer
This statement relates to certain limited partnership units (the "Units")
of Courtyard by Marriott II Limited Partnership, a Delaware limited partnership
with its principal executive office at 10400 Fernwood Road, Bethesda, Maryland
20058.
<PAGE>
CUSIP No. Not Applicable 13D
Item 2. Identity and Background.
(a) The names of the persons filing this statement are Equity Resource
Pilgrim Fund Limited Partnership, Equity Resource Bay Fund Limited Partnership,
Equity Resource Fund X Limited Partnership, Equity Resource Fund XV Limited
Partnership, Equity Resource Fund XVI Limited Partnership, Equity Resource Fund
XVII Limited Partnership, Equity Resource Fund XVIII Limited Partnership,
Equity Resource Fund XX Limited Partnership, Equity Resource Fund XXI Limited
Partnership (the "Limited Partnerships"), Equity Resources Group, Incorporated,
a Massachusetts corporation, James E. Brooks, Mark S. Thompson, and Eggert
Dagbjartsson (collectively, the "Reporting Persons"). James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners of each of Equity
Resource Pilgrim Fund Limited Partnership and Equity Resource Bay Fund Limited
Partnership. Equity Resources Group, Incorporated and Mark S. Thompson are the
general partners of each of Equity Resource Fund X Limited Partnership, Equity
Resource Fund XV Limited Partnership, Equity Resource Fund XVI Limited
Partnership and Equity Resource Fund XVIII Limited Partnership. Equity
Resources Group, Incorporated and Eggert Dagbjartsson are the general partners
of Equity Resource Fund XVII Limited Partnership. Equity Resources Group,
Incorporated is the general partner of Equity Resource Fund XX Limited
Partnership and Equity Resource Fund XXI Limited Partnership. This statement on
Schedule 13D is filed on behalf of all such reporting persons. The executive
officers and directors of Equity Resources Group, Incorporated are James E.
Brooks, Chairman of the Board of Directors and Director, Mark S. Thompson,
President and Director, and Eggert Dagbjartsson, Executive Vice President and
Director.
(b) The business address of each of Equity Resource Pilgrim Fund Limited
Partnership, Equity Resource Bay Fund Limited Partnership, Equity Resource Fund
X Limited Partnership, Equity Resource Fund XV Limited Partnership, Equity
Resource Fund XVI Limited Partnership, Equity Resource Fund XVII Limited
Partnership, Equity Resource Fund XVIII Limited Partnership, Equity Resource
Fund XX Limited Partnership, Equity Resource Fund XXI Limited Partnership,
Equity Resources Group, Incorporated, James E. Brooks, Eggert Dagbjartsson and
Mark S. Thompson, respectively, is 14 Story Street, Cambridge, Massachusetts
02138.
(c) Each of the Limited Partnerships is a Massachusetts limited
partnership formed to acquire and hold interests in other limited partnerships
involved in all facets of the real estate business as long-term investments
with a view to long-term appreciation and not to resale. Mr. Brooks' principal
occupation is Chairman of the Board of Directors of Equity Resources Group,
Incorporated. Mr. Thompson's principal occupation is President of Equity
Resources Group, Incorporated. Mr. Dagbjartsson's principal occupation is
Executive Vice President of Equity Resources Group, Incorporated.
(d) During the past five years, none of the Reporting Persons has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
<PAGE>
CUSIP No. Not Applicable 13D
(e) During the past five years, none of the Reporting Persons has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which such person was subject to a judgment, decree
or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
(f) Each of the Limited Partnerships is a Massachusetts limited
partnership. Mark S. Thompson, James E. Brooks, and Eggert Dagbjartsson are
citizens of the United States. Equity Resources Group, Incorporated is a
Massachusetts corporation.
Item 3. Source and Amount of Funds or Other Consideration.
Equity Resource Pilgrim Fund Limited Partnership, Equity Resource Bay
Fund Limited Partnership, Equity Resource Fund X Limited Partnership, Equity
Resource Fund XV Limited Partnership, Equity Resource Fund XVI Limited
Partnership, Equity Resource Fund XVII Limited Partnership, Equity Resource
Fund XVIII Limited Partnership, Equity Resource Fund XX Limited Partnership and
Equity Resource Fund XXI Limited Partnership, respectively, purchased the Units
hereby reported for an aggregate of $3,661,443 cash. The source of such funds
was the working capital of these respective limited partnerships.
Item 4. Purpose of Transaction.
Equity Resource Pilgrim Fund Limited Partnership, Equity Resource Bay
Fund Limited Partnership, Equity Resource Fund X Limited Partnership, Equity
Resource Fund XV Limited Partnership, Equity Resource Fund XVI Limited
Partnership, Equity Resource Fund XVII Limited Partnership, Equity Resource
Fund XVIII Limited Partnership, Equity Resource Fund XX Limited Partnership and
Equity Resource Fund XXI Limited Partnership, respectively, acquired the Units
for investment purposes and none of such limited partnerships, or any of the
reporting persons, has any present plans or proposals that relate to or would
result in any of the actions described in Item 4(a)-(j) of the instructions to
Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) Equity Resources Group, Incorporated, James E. Brooks, Mark S.
Thompson and Eggert Dagbjartsson, in their capacities as general partners of
each of Equity Resource Pilgrim Fund Limited Partnership, Equity Resource Bay
Fund Limited Partnership, Equity Resource Fund X Limited Partnership, Equity
Resource Fund XV Limited Partnership, Equity Resource Fund XVI Limited
Partnership, Equity Resource Fund XVII Limited Partnership, Equity Resource
Fund XVIII Limited Partnership, Equity Resource Fund XX Limited Partnership and
Equity Resource Fund XXI Limited Partnership, respectively, beneficially own an
aggregate of 96.58 Units, representing 6.57% of the Units presently outstanding
<PAGE>
CUSIP No. Not Applicable 13D
(the percentages reported in Item 13 do not cumulate to 6.57% because of
rounding done pursuant to the instructions to Schedule 13D).
(b) Equity Resources Group, Incorporated, James E. Brooks, Mark S.
Thompson and Eggert Dagbjartsson, in their capacities as general partners of
each of Equity Resource Pilgrim Fund Limited Partnership, Equity Resource Bay
Fund Limited Partnership, Equity Resource Fund X Limited Partnership, Equity
Resource Fund XV Limited Partnership, Equity Resource Fund XVI Limited
Partnership, Equity Resource Fund XVII Limited Partnership, Equity Resource
Fund XVIII Limited Partnership, Equity Resource Fund XX Limited Partnership and
Equity Resource Fund XXI Limited Partnership, respectively, share the power to
vote or direct the vote and to dispose of or direct the disposition of all of
the 96.58 Units referred to in Item 5(a). See Item 2 above for other required
information.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
Exhibit 7.1 Agreement dated as of October 1, 1997, between each of
the Reporting Persons with respect to the filing of this statement
on Schedule 13D.
<PAGE>
CUSIP No. Not Applicable 13D
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, each
of the undersigned certifies that the information set forth in this Statement
is true, complete, and correct.
October 1, 1997 October 1, 1997
(Date) (Date)
EQUITY RESOURCES GROUP,
INCORPORATED
By:/s/ Eggert Dagbjartsson /s/James E. Brooks
------------------------------ ----------------------------
Eggert Dagbjartsson James E. Brooks, individually
Executive Vice President
/s/ Eggert Dagbjartsson
------------------------------
EQUITY RESOURCE PILGRIM FUND Eggert Dagbjartsson, individually
LIMITED PARTNERSHIP
By:/s/ Eggert Dagbjartsson /s/Mark S. Thompson
------------------------------ ------------------------------
Eggert Dagbjartsson, as general partner Mark S. Thompson, individually
EQUITY RESOURCE BAY FUND
LIMITED PARTNERSHIP
By:/s/ Eggert Dagbjartsson
------------------------------
Eggert Dagbjartsson, as general partner
EQUITY RESOURCE FUND X
LIMITED PARTNERSHIP
By:EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND XV
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVI
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVII
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVIII
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND XX
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XXI LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XXI LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/ Eggert Dagbjartsson
---------------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EXHIBIT 7.1
AGREEMENT
This Agreement, dated as of October 1, 1997, is by and among Equity
Resources Group, Incorporated, a Massachusetts corporation, James E. Brooks,
Mark S. Thompson, Eggert Dagbjartsson, each an individual, and each of the
Limited Partnerships listed on the signature pages hereto (the "Limited
Partnerships").
Each of the Limited Partnerships may be required to file with the United
States Securities and Exchange Commission a statement on Schedule 13D with
respect to an aggregate of 96.58 units (the "Units") of limited partnership
interest in Courtyard by Marriott II Limited Partnership, a Delaware limited
partnership, held by Equity Resource Pilgrim Fund Limited Partnership, Equity
Resource Bay Fund Limited Partnership, Equity Resource Fund X Limited
Partnership, Equity Resource Fund XV Limited Partnership, Equity Resource Fund
XVI Limited Partnership, Equity Resource Fund XVII Limited Partnership, Equity
Resource Fund XVIII Limited Partnership, Equity Resource Fund XXI Limited
Partnership and Equity Resource Fund XXI Limited Partnership, respectively.
Equity Resources Group, Incorporated, James E. Brooks, Mark S. Thompson and
Eggert Dagbjartsson may be required to file by reason of their being the
general partners of each of Equity Resource Pilgrim Fund Limited Partnership,
Equity Resource Bay Fund Limited Partnership, Equity Resource Fund X Limited
Partnership, Equity Resource Fund XV Limited Partnership, Equity Resource Fund
XVI Limited Partnership, Equity Resource Fund XVII Limited Partnership, Equity
Resource Fund XVIII Limited Partnership, Equity Resource Fund XX Limited
Partnership and Equity Resource Fund XXI Limited Partnership, as the case may
be.
Pursuant to Rule 13(d)(1) promulgated under the Securities Exchange Act
of 1934, as amended, the parties hereby agree to file a single statement on
Schedule 13D on behalf of each of the parties, and hereby further agree to file
this Agreement as an exhibit to such statement, as required by such rule.
Executed and delivered as of the date first above written.
EQUITY RESOURCES GROUP,
INCORPORATED /s/James E. Brooks
-----------------------------
James E. Brooks, individually
By:/s/Eggert Dagbjartsson
----------------------- /s/ Eggert Dagbjartsson
Eggert Dagbjartsson ------------------------------
Executive Vice President Eggert Dagbjartsson, individually
/s/ Mark S. Thompson
------------------------------
Mark S. Thompson, individually
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE BAY FUND LIMITED
PARTNERSHIP
By:/s/Eggert Dagbjartsson /s/James E. Brooks
-------------------------------- ------------------------------
Eggert Dagbjartsson, as general partner James E. Brooks, individually
/s/Eggert Dagbjartsson
------------------------------
EQUITY RESOURCE FUND X Eggert Dagbjartsson, individually
LIMITED PARTNERSHIP
/s/ Mark S. Thompson
------------------------------
By: EQUITY RESOURCES GROUP, Mark S. Thompson, individually
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
--------------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XV
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
--------------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVI LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
--------------------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND XVII LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
--------------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVIII
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
------------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XX
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
------------------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XXI LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
------------------------------
Executive Vice President
