FOURTEENTH AMENDMENT TO AGREEMENT OF LIMITED PARTNERSHIP
                     OF SUMMIT PROPERTIES PARTNERSHIP, L.P.


        This FOURTEENTH AMENDMENT TO AGREEMENT OF LIMITED PARTNERSHIP OF SUMMIT
PROPERTIES PARTNERSHIP, L.P. (this "Amendment"), dated as of October 31, 1998,
is entered into by and among Summit Properties Inc. (the "General Partner") and
those Persons whose names are set forth on Exhibit A or Exhibit B attached
hereto and incorporated herein. All capitalized terms contained herein and not
otherwise defined herein shall have the meaning attributed to them in the
Agreement (as hereinafter defined).

        WHEREAS, (i) the General Partner, (ii) the Persons whose names are set
forth on Exhibit B (each, a "Ewing Partner" and, collectively, the "Ewing
Partners"), and (iii) the Persons whose names are set forth on Exhibit A other
than the Ewing Partners (collectively, the "Pre-Ewing Partners") are partners of
Summit Properties Partnership, L.P. (the "Partnership") pursuant to an Agreement
of Limited Partnership dated as of January 29, 1994, as previously amended (as
amended, the "Agreement"); and

        WHEREAS, the General Partner, the Pre-Ewing Partners and the Ewing
Partners executed that certain Thirteenth Amendment to the Agreement (the
"Thirteenth Amendment"), dated as of October 31, 1998, pursuant to which the
Partnership received a contribution of partnership interests in certain limited
partnerships in exchange for (i) the admission of the Ewing Partners as limited
partners in the Partnership and (ii) the allocation of Partnership Units to the
Ewing Partners; and

        WHEREAS, the General Partner, the Pre-Ewing Partners and the Ewing
Partners acknowledge that the Thirteenth Amendment incorrectly set forth the
number of Partnership Units allocated to each Ewing Partner; and

        WHEREAS, the General Partner, the Pre-Ewing Partners and the Ewing
Partners desire to cause the Agreement and the Thirteenth Amendment to be
amended to reflect the correct number of Partnership Units allocated to each
Ewing Partner; and

        WHEREAS, the General Partner, the Partnership, the Ewing Partners, and
the shareholders of Ewing Industries, Inc., an Ohio corporation entered into
that certain Registration Rights and Lock-Up Agreement, dated of even date
herewith (the "Lock-Up Agreement"), certain provisions of which relate to the
prohibition, without the prior written consent of the General Partner, during
the Lock-Up Period (as defined in the Lock-Up Agreement), of any offer, sale,
contract for sale, hypothecation, pledge, attempt to redeem, grant of an option,
right or warrant to purchase or otherwise dispose of, directly or indirectly,
any Partnership Units (collectively, the "Lock-Up Provisions"); and

        WHEREAS, the General Partner, the Pre-Ewing Partners and the Ewing
Partners desire to cause the Agreement to be amended to include the Lock-Up
Provisions.

<PAGE>

        NOW, THEREFORE, in accordance with the provisions of Section 12.3 of the
Agreement (Amendment of Agreement and Certificate of Limited Partnership), the
Agreement is hereby amended to (i) substitute Exhibit A attached hereto for
Exhibit A attached to the Agreement, (ii) substitute Exhibit B attached hereto
for Exhibit B attached to the Thirteenth Amendment, and (iii) incorporate by
this reference the Lock-Up Provisions into the Agreement. Except as expressly
amended by the provisions hereof or as may be necessary to effect the intent of
the parties as evidenced by this Amendment, all other terms and provisions of
the Agreement are hereby ratified and confirmed and remain in full force and
effect.

             [THE BALANCE OF THIS PAGE IS INTENTIONALLY LEFT BLANK]


<PAGE>


        IN WITNESS WHEROF, the parties hereto have executed this Amendment as of
the date first above written.

                                    GENERAL PARTNER:

                                    SUMMIT PROPERTIES INC.

                                    By:  /s/ Douglas E. Brout
                                         ------------------------------------
                                         Name: Douglas E. Brout
                                         Title: Vice President


                                    PRE-EWING PARTNERS:

                                    Those  persons  listed on Exhibit A attached
                                    hereto other than the Ewing Partners

                                    By:  Summit Properties Inc.,
                                         their attorney-in-fact

                                         By:  /s/ Douglas E. Brout
                                              -------------------------------
                                              Name:  Douglas E. Brout
                                              Title: Vice President


                                    EWING PARTNERS:

                                    Those persons listed on Exhibit B attached
                                    hereto

                                    By:  SUMMIT PROPERTIES INC.,
                                         their attorney-in-fact

                                         By:  /s/ Douglas E. Brout
                                              -------------------------------
                                              Name:  Douglas E. Brout
                                              Title: Vice President


<PAGE>


                                    EXHIBIT A

                       PARTNERS AND OWNERSHIP PERCENTAGES






<PAGE>


                                    EXHIBIT B

                                 EWING PARTNERS


               Name                                       Number of Units
               ----                                       ---------------
               KW Partnership

               LAD Partnership

               Michael L. Pacillio

               Milan Investment Trust

               S. Joseph Barrett