Related Parties

12 Months Ended

Dec. 31, 2012

Related Parties

NOTE 4 – RELATED PARTIES

The receivable from Del Taco consists of rent accrued for the month of December 2012 and 2011. The rent receivable was collected in January 2013 and 2012, respectively.

The General Partner received $4,384, $4,587 and $4,710 in distributions relating to its one percent interest in the Partnership for the years ended December 31, 2012, 2011 and 2010, respectively.

Del Taco serves in the capacity of General Partner in other partnerships which are engaged in the business of operating restaurants, and three other partnerships which were formed for the purpose of acquiring real property in California for construction of Mexican-American restaurants for lease under long-term agreements to Del Taco.

The General Partner provides certain minimal managerial and accounting services to the Partnership at no cost.