Document:

Exhibit
4.2

	
  

  	
  CLASS A SHARES
  INITIAL INVESTMENT SUBSCRIPTION ELIGIBILITY FORM & ACCOUNT APPLICATION 1
  INVESTMENT A. Initial Investment Amount $ (Minimum Initial Investment is
  $10,000) B. Payment will be made via: (Check One) Enclosed Check Wired Funds
  (Payable to BNY Mellon Investment Servicing (US) Inc., Reference #
  ____________________ as escrow agent for Clarion Partners Property Trust
  Inc.) Wire Date ____________________ Account No. ____________________ 2 FORM
  OF OWNERSHIP & ACCOUNT REGISTRATION TYPE Please select only one ownership
  type and attach any applicable documentations. NON-CUSTODIAL OWNERSHIP A.
  Individual B. Joint Tenant with Rights of Survivorship (Fill out Section 3A.
  One signature required.) (Fill out Section 3A and 3B. All parties must sign.)
  C. Corporation (Specify type - please check one) D. Partnership (Fill out
  Section 3A and 3C. Attach corporate resolution (Fill out Section 3A and 3C.
  Attach partnership and authorized signatories) agreement and authorized
  signatories) S-Corporation C-Corporation E. Trust F. Pension or Profit
  Sharing Plan (Fill out Section 3A and 3C. Attach trust document (Fill out
  Section 3A and 3C. Attach plan documents and and authorized trustees)
  authorized signatories) G. Uniform Gift/Transfer to Minors (UGMA/UTMA) H.
  Registered Investment Advisor (RIA) (Custodian for Minor should fill out
  Section 3A. Custodian (Fill out Section 3 with Beneficiary information and
  Section 11 signature required) with RIA information) UGMA/UTMA, State of
  _________________ Minor's Name ____________________ I. Other (Specify and
  attach all applicable documents) ___________________________________
  CUSTODIAL OWNERSHIP J. Third Party Administered Custodial Plan K. Other
  Custodial Arrangement (The Company is not an IRA Custodian. A third party IRA
  Custodian (Specify and attach all applicable documents) is required in order
  to purchase shares through an IRA. Fill out Section 3 with Beneficiary
  information and 3D with Custodian information.
  ___________________________________ Custodian signature required.)
  Traditional IRA Rollover IRA Roth IRA SEP/IRA Page 1 of 6 Important
  information about procedures for opening an account. To help the government
  fight the funding of terrorism and money laundering activities, federal law
  requires all financial institutions, including Clarion Partners Property
  Trust Inc. (the "Company") and our agents, to obtain, verify and
  record information that identifies each person who opens an account. What
  this means to you: When you open an account, you must provide your name,
  address, date of birth and other information that will allow us to identify
  you. This information is required under the USA Patriot Act. Failure to
  provide all requested information may delay the completion of your
  investment. The Company and its agents accept no responsibility for trading
  losses associated with delays in receiving information. Prospective investors
  should consult with their financial advisor and read the Company's
  prospectus, including all supplements and amendments thereto (the "Prospectus")
  prior to submitting this form. The Prospectus contains important information
  regarding the terms, conditions and potential risks associated with an
  investment in the Company. Please refer to Section 9 for additional important
  information. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS A SHARES - INITIAL INVESTMENT FORM 3
  INVESTOR INFORMATION Please print name(s) in which shares are to be
  registered. A. Investor First Name MI Last Name Gender (M/F) Social Security
  Number / Tax ID Number Date of Birth (MM/DD/YYYY) US Address (No P.O. Boxes
  Accepted) City State Zip Code Email Address Daytime Phone Number US citizen
  Resident alien (enclose Form 1078) Nonresident alien (enclose Form W-8 and a
  photocopy of your passport or government issued ID card) B. Joint
  Owner/Co-Investor (if applicable) First Name MI Last Name Gender (M/F) Social
  Security Number / Tax ID Number Date of Birth (MM/DD/YYYY) US Address (No
  P.O. Boxes Accepted) City State Zip Code Email Address Daytime Phone Number
  US citizen Resident alien (enclose Form 1078) Nonresident alien (enclose Form
  W-8 and a photocopy of your passport or government issued ID card) C. Trust /
  Corporation / Partnership / Pension Plan /Other (if applicable) (Section 3A
  must also be completed with Trustee information if the investment is made on
  behalf of a Trust) Name of Business Entity Tax ID Number Date of Trust D.
  Custodian Information (if applicable) (Section 3A must also be completed)
  Name of Business Entity Name of Custodian or Trustee Address City State Zip Code
  Custodian Tax ID# Custodian/Brokerage Account # Email Address Daytime Phone
  Number Page 2 of 6 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS A SHARES - INITIAL INVESTMENT FORM 4
  STOCKHOLDER COMMUNICATION Electronic Delivery (please check box if you wish
  to elect this option) 5 DISTRIBUTION DESIGNATION A. Reinvest distributions
  pursuant to the DRIP C. Check mailed to address set forth in Section 3A of
  this form (Non-Custodial accounts only) D. Direct Deposit (Non-Custodial
  accounts only). Please fill out Section 6. 6 WIRING INSTRUCTIONS FOR DIRECT
  DEPOSITS AND LARGE ACCOUNTS Financial Institution Street Address City State
  Zip Code Account Number ABA Routing Number Checking (please include a voided
  check) Savings (please include deposit slip) Brokerage or Other 7 COST BASIS
  ELECTION Select One: FIFO: First in first out method depletes tax lots in the
  chronological order in which they were acquired. LIFO: Last in first out
  method will redeem newest available shares purchased. HIFO: Highest cost
  available shares will be redeemed first. LOFO: Lowest cost available shares
  will be redeemed first. HILT: Long term highest cost available shares will be
  redeemed first. HIST: Short term highest cost available shares will be
  redeemed first. LILT: Long term lowest cost available shares will be redeemed
  first. LIST: Short term lowest cost available shares will be redeemed first.
  Specific Identification: Shareholders choose which tax lots they are selling
  and must specify particular lots to be sold prior to or at the time of each
  redemption. Page 3 of 6 I, the Investor, hereby request all available printed
  materials associated with this account or securities held in this account,
  including but not limited to, annual and semi-annual reports, prospectuses,
  supplements to the prospectus, proxies, investor statements and
  correspondence be sent electronically to the e-mail for the registered
  account. The internet address (URL) where the materials are available will be
  contained within an e-mail announcement sent to me when such materials are
  available. Materials referenced within the e-mail announcement may be viewed
  electronically or printed. I understand that I may incur costs associated
  with accessing the internet and be required to download certain software in
  order to view the materials delivered electronically, and that I may be
  unable to timely access the materials in the event of a system failure or
  network outage. I understand that if the e-mail notification is returned to
  BNY Mellon, the transfer agent for this offering, as
  "undeliverable", a letter will be mailed to me with instructions on
  how to update my e-mail address to begin receiving communication via
  electronic delivery. If, after enrollment in the electronic delivery program,
  I would like to receive a paper version of a document or wish to cancel
  electronic delivery, I can make these requests by calling
  1-877-999-REIT(7348). Electronic delivery is not available to residents of
  the States of Arkansas, California or Nebraska. Electronic funds transfers
  require the signatures of the bank account owners exactly as they appear on
  the bank records. Registration of the bank account must be the same as names
  and signatures on this form. Internal Revenue Service regulations require
  security issuers to determine the adjusted cost basis for securities sold or
  redeemed, the nature of the gain or loss, and to report the information on
  Form 1099-B. Several tax lot relief methods are available to determine the
  adjusted cost basis. Please consult with your tax advisor and select one of
  the following options as your tax lot relief method. You may change your
  election any time prior to or at the time of each redemption. If no method is
  selected, the Company will utilize the FIFO method as the default option. I,
  the Investor, authorize the Company or its agent to deposit my distributions
  to the Custodian/Brokerage account set forth in Section 3D of this form. This
  authority will remain in force until I notify the Company in writing to
  cancel it. In the event that the Company or its agent deposits funds
  erroneously into the Custodian/Brokerage account, they are authorized to
  debit the Custodian/Brokerage account for an amount not to exceed the amount
  of the erroneous deposit. I, the Investor, elect to invest my distributions
  in additional shares of the Company pursuant to the terms of the Prospectus
  and the DRIP described therein. See Section 9 of this form for important
  additional information. Please complete this section to enroll in the
  Distribution Reinvestment Plan (the "DRIP") or to designate the
  form of distributions that you would like to receive (please select one ). I,
  the Investor, authorize the Company or its agent to deposit my distributions
  to my bank/brokerage account. This authority will remain in force until I
  notify the Company in writing to cancel it. In the event that the Company or
  its agent deposits funds erroneously into my account, they are authorized to
  debit my account for an amount not to exceed the amount of the erroneous
  deposit. B. Send to the Custodian as set forth in Section 3D of this form
  (Custodial accounts only) All investors utilizing Direct Deposit for
  distributions or with investments in the Company greater than $100,000 must
  provide wiring instructions to the Investor's brokerage account or pre-designated
  US bank account. All redemptions processed in excess of $100,000 will be
  wired to the account on file with the transfer agent or, upon instruction,
  wired to another financial institution provided that the investor has made
  the necessary funds transfer arrangements. Stockholders with investments in
  the Company less than $100,000 may also receive redemption proceeds via wired
  funds. All funds wired by the Company or its agents must be to a US financial
  institution (ACH network member). IRA accounts may not direct distributions
  without the Custodian's approval. All Custodial account distributions not
  reinvested pursuant to the DRIP will be directed to the Custodian. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS A SHARES - INITIAL INVESTMENT FORM 8
  INVESTOR SIGNATURES PLEASE NOTE: ALL ITEMS MUST BE READ AND INITIALED I, the
  Investor (or in the case of fiduciary accounts, the person authorized to sign
  on such subscriber's Investor/ Co-Investor/ behalf), hereby represent and
  warrant to the Company as follows: Owner Joint Owner (a) I have received a
  copy of the Final Prospectus1 for Clarion Partners Property Trust Inc. at
  least five business days before signing this form. (b) I acknowledge that
  after the end of each business day following the escrow period, I can access
  the Company's NAV per Share for each class of Shares through the Company's
  website at www.clarionpartnerstrust.com, the Company's toll-free number at
  1-877-999-REIT(7348) and my financial advisor. I can also access this pricing
  information through the Company's Daily Pricing Supplement filed on the SEC's
  website at www.sec.gov the next morning. I further acknowledge that I have
  received Company's NAV per Share from one or more of these sources prior to
  completing this form. (c) I have (i) a minimum net worth (not including home,
  home furnishings and personal automobiles) of at least $250,000, or (ii) a
  minimum net worth (as previously described) of at least $100,000 and a
  minimum annual gross income of at least $70,000, and, if applicable, I meet the
  higher suitability requirements imposed by my state of primary residence as
  set forth in the Prospectus under "Suitability Standards." I
  acknowledge that these suitability requirements can be met by myself or the
  fiduciary acting on my behalf. (d ) I will not purchase additional shares
  unless I meet the applicable suitability standards set forth in the
  Prospectus at the time of purchase. (e) With the purchase of shares of the
  Company, no more than 10% of my liquid net worth will be invested in shares of
  the Company and other similar programs. For these purposes, "liquid net
  worth" is defined as cash, cash equivalents and readily marketable
  securities. (f) I acknowledge that shares of the Company are not liquid, that
  there is no public market for the shares and that I may not be able to sell
  or redeem the shares at any particular time. (g) I am purchasing the shares
  for my own account or on behalf of a trust or other eligible entity. If I am
  purchasing shares on behalf of a trust or other eligible entity, I have due
  authority to sign this form and to legally bind the trust or other eligible
  entity to the terms and conditions for purchasing shares of the Company. (h)
  I acknowledge that neither the Company, the advisor of the Company, nor any
  of their respective agents, representatives or affiliates has exercised any
  discretionary authority or control with respect to the Investor’s investment
  in the Company, and neither the Company, the Advisor of the Company, nor any
  of their respective agents, representatives or affiliates rendered
  individualized investment advice to the Investor based upon the Investor’s
  investment policies or strategies, overall portfolio composition or
  diversification with respect to its investment in shares and the investment
  program thereunder. (1) Final Prospectus means the prospectus, and all
  supplements and amendments thereto, that were filed with the SEC on or prior
  to the fifth business day before completing this form. Page 4 of 6 Please
  read and separately initial each of the representations below in order to
  complete your application for purchasing and owning shares of the Company. If
  you have more questions about this offering or if you would like additional
  copies of the Prospectus, please contact your financial advisor or visit the
  Company's website at www.clarionpartnerstrust.com. Except in the case of
  fiduciary accounts, you may not grant any person a power of attorney to make
  the representations on your behalf. By making these representations, you do
  not waive any rights that you may have under federal or state securities
  laws. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS A SHARES - INITIAL INVESTMENT FORM X X
  Signature of Investor Date Signature of Co-Investor Date 9 IMPORTANT INVESTOR
  INFORMATION 10 CUSTODIAN SIGNATURE (For Custodian identified in Section 3D,
  as applicable) The undersigned being the Custodian of the IRA being invested
  in the Company by the Investor, hereby accepts and agrees to this
  subscription. X Name of Authorized Signatory Signature of Authorized Signatory
  Date If the Custodian of the IRA being invested in the Company by Investor
  accepts and agrees to the Investor’s election (if applicable) to invest
  distributions in additional shares of the Company pursuant to the terms of
  the Prospectus and the DRIP described therein, please initial here: Page 5 of
  6 WITHHOLDING INFORMATION This application requires an accompanying W-9 form
  (enclosed). For further instructions on completing the W-9, please visit the
  Internal Revenue Service website at www.irs.gov. NOTE: The Internal Revenue
  Service does not require your consent to any provision of this document other
  than the certification regarding backup withholding. All items on this form
  must be completed in order to process your application. Please note that the
  Company, its agents and participating brokerdealers are required by law to
  obtain, verify and record certain personal information obtained from you or
  persons on your behalf in order to establish your account. We may also ask
  for other identifying documents or financial information relevant to a
  suitability assessment. If you do not provide the information, we may not be
  able to open your account. In order to invest in the Company, we only accept
  checks drawn from a US bank account or wired funds from a US financial
  institution (ACH network member). We do not accept money orders, traveler's
  checks, starter checks, foreign checks, counter checks, third-party checks or
  cash. IMPORTANT INFORMATION FOR INVESTORS IN THE DISTRIBUTION REINVESTMENT
  PLAN: If you experience a material adverse change in your financial condition
  or can no longer make the representations or warranties set forth in Section
  8 of this form, you are required to promptly notify the Company and your
  financial advisor or broker-dealer in writing. IMPORTANT INFORMATION FOR
  INVESTORS PURCHASING SHARES UNDER THE TERMS FOR UNIFORM GIFTS OR TRANSFERS TO
  MINORS (UGMA / UTMA): To the extent that shares of the Company are purchased
  for the benefit of a minor under UGMA /UTMA, the minor will be required to complete
  a Subscription Eligibility Form & Account Application at the time that he
  or she becomes of legal age as defined by the law of the minor's state of
  residency. INVESTOR SIGNATURES CONTINUED --- By submitting this application,
  I agree to the terms and conditions for owning shares of the Company as
  outlined in this form, the Prospectus and any applicable supplements. I
  certify that the information which I have provided with respect to my
  application and the required attachments referenced herein is true, accurate
  and complete. I certify under penalties of perjury that I am not involved in
  any money laundering schemes and the source of any investment in the Company
  is not derived from any criminal activities. I further acknowledge that after
  an account is opened with the Company, I will receive account statements, a
  confirmation of my purchase and other correspondence which I must carefully
  review to ensure that my instructions have been properly acted upon. If any
  discrepancies are noted, I agree to notify the Company, my financial
  advisor/broker-dealer or the transfer agent in a timely manner, no later than
  15 days from the receipt of such account statements or correspondence. My
  failure to notify one of the above entities on a timely basis will relieve such
  entities of any liability with respect to any discrepancy. I certify that I
  am of legal age to sign this form. For joint accounts, all parties must sign.
  Except in the case of a fiduciary account, the investor may not grant any
  person a power of attorney to make the above representations on his, hers, or
  its benefit. NOTE: By signing this form, you are not waiving any rights that
  you may have under federal and state securities laws. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS A SHARES - INITIAL INVESTMENT FORM 11
  PARTICIPATING BROKER-DEALER / FINANCIAL ADVISOR OR RIA INFORMATION
  Broker-Dealer Financial Advisor/RIA Name Financial Advisor/RIA Mailing
  Address City State Zip Code Financial Advisor/RIA Number Branch Number CRD
  Number Email Address Daytime Phone Number Fax Number X X Financial
  Advisor/RIA Signature Date Branch Manager Signature Date (if required by
  Participating Broker-Dealer) 12 SUBSCRIPTION CHECKLIST A. Please review this
  application to ensure that all sections are complete, all additional required
  information is attached, and that initials and signatures are provided
  wherever requested. For IRA accounts, mail investor signed documents to the
  IRA Custodian for signatures. B. Payment by check. Checks should be made
  payable to: BNY Mellon Investment Servicing (US) Inc. (as escrow agent for
  Clarion Partners Property Trust Inc.) Payment by wire. Wire to: PNC Bank, One
  PNC Plaza, Pittsburgh, PA ABA Routing Number: 031000053 Beneficiary Name:
  PNCGIS as Agent FBO ING Funds Consolidated Account Beneficiary Account
  Number: 8611773535 For Further Credit to: Investor Name Fund Name: Clarion
  Partners Property Trust C. This original application, together with a check
  for the full purchase price (if payment by check), should be delivered by the
  financial advisor to the applicable address below (no faxes): Standard Mail
  Overnight Delivery Clarion Partners Property Trust Inc. Clarion Partners
  Property Trust Inc. c/o BNY Mellon Investment Servicing (US) Inc. c/o BNY
  Mellon Investment Servicing (US) Inc. P.O. Box 9865 400 Computer Drive
  Providence, RI 02940-8065 Westborough, MA 01581 Page 6 of 6 The financial
  advisor/RIA must complete all fields in this section and sign below to
  complete this form. By signing this form, the financial advisor/RIA warrants
  that he or she is duly licensed and may sell shares of the Company in the
  state designated as the Investor's legal residence. All sales of securities
  must be made through a broker-dealer that has a Participating Broker-Dealer
  Agreement in effect with ING Investments Distributor, LLC, the Company's
  dealer manager. The undersigned financial advisor/RIA confirms on behalf of
  the participating broker-dealer that he or she has (i) has reasonable grounds
  to believe that the information and representations concerning the Investor
  identified herein are true, correct and complete in all respects; (ii)
  discussed such Investor’s prospective purchase of shares with such Investor;
  (iii) advised such Investor of all pertinent facts with regard to the lack of
  liquidity and marketability of the shares; (iv) delivered a current
  Prospectus to such Investor at least five business days prior to submitting
  this form; (v) has reasonable grounds to believe that the Investor is
  purchasing these shares for his or her own account; and (vi) has reasonable
  grounds to believe that the purchase of shares is a suitable investment for
  such Investor, that such Investor meets the suitability standards applicable
  to such Investor set forth in the Prospectus (and any applicable standards
  imposed by the financial advisor's brokerage firm), and that such Investor is
  in a financial position to realize the benefits of such an investment and to
  suffer any losses that may occur with respect thereto. The undersigned
  financial advisor/RIA further represents and certifies that, in connection
  with the offering and sale of any shares of the Company on behalf of the
  Investor, he or she has complied with and followed all applicable policies
  and procedures under the participating broker-dealer's current Anti-Money Laundering
  Program and Customer Identification Program.Exhibit
4.3

 

	
  

  	
  CLASS W SHARES
  INITIAL INVESTMENT SUBSCRIPTION ELIGIBILITY FORM & ACCOUNT APPLICATION 1
  INVESTMENT A. Initial Investment Amount $ (Minimum Initial Investment is
  $10,000) B. Payment will be made via: (Check One) Enclosed Check Wired Funds
  (Payable to BNY Mellon Investment Servicing (US)
  Inc., Reference # ____________________ as escrow agent for Clarion Partners
  Property Trust Inc.) Wire Date ____________________ Account No.
  ____________________ 2 REGISTRANT INFORMATION ADVISOR-REGISTERED ACCOUNTS
  CUSTODIAN-REGISTERED ACCOUNTS (Fill out section 4 with Beneficiary
  information and Section 13 with Advisor (Fill out section 4 with Beneficiary
  information and Section 5 with information. )
  Custodian information. ) Registered Investment Advisor (RIA)
  Third Party IRA Plan Custodian (select IRA type) Traditional IRA Rollover IRA
  Other Fee-based Advisory Relationship (please specify) Roth IRA SEP/IRA Other
  Custodial Relationship (please specify) 3 BENEFICIARY TYPE A. Individual B.
  Joint Tenant with Rights of Survivorship C. Corporation (Specify type -
  please check one ) D. Partnership S-Corporation
  C-Corporation F. Pension or Profit Sharing Plan E. Trust H. Other (please
  specify) G. Uniform Gift/Transfer to Minors (UGMA/UTMA)
  UGMA/UTMA, State of _______________________
  ___________________________________ Minor's Name _________________________
  Page 1 of 6 Accounts will be registered in the name of the entity identified
  in this section. Please select one registrant type and one beneficiary type
  in Section 3. Please provide signatures where applicable. Important
  information about procedures for opening an account. To help the government
  fight the funding of terrorism and money laundering activities, federal law
  requires all financial institutions, including Clarion Partners Property
  Trust Inc. (the "Company") and our agents, to obtain, verify and
  record information that identifies each person who opens an account. When you
  open an account, you must provide the Investor's name, address, date of birth
  and other information that will allow us to identify the Investor. This
  information is required under the USA Patriot Act. Failure to provide all
  requested information may delay the completion of the Investor's investment.
  The Company and its agents accept no responsibility for trading losses
  associated with delays in receiving information. The Financial advisor/RIA should read the Company's prospectus, including all
  supplements thereto (the "Prospectus") prior to submitting this
  form. The Prospectus contains important information regarding the terms,
  conditions and potential risks associated with an investment in the Company.
  Please refer to Section 11 for additional important information. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS W SHARES - INITIAL INVESTMENT FORM 4
  BENEFICIARY INFORMATION Shares will be registered under the party identified
  in Section 2. A. Investor First Name MI Last Name Gender (M/F) Social
  Security Number / Tax ID Number Date of Birth (MM/DD/YYYY)
  US Address (No P.O. Boxes Accepted) City State Zip Code US citizen Resident
  alien Nonresident alien B. Joint Owner/Co-Investor (if applicable) First Name
  MI Last Name Gender (M/F) Social Security Number / Tax ID Number Date of
  Birth (MM/DD/YYYY) US Address (No P.O. Boxes
  Accepted) City State Zip Code US citizen Resident alien Nonresident alien C.
  Trust / Corporation / Partnership / Pension Plan /Other (if applicable) Name
  of Business Entity Tax ID Number Date of Trust 5 CUSTODIAN INFORMATION (if
  applicable) Name of Business Entity Name of Custodian or Trustee Address City
  State Zip Code Custodian Tax ID# Custodian/Brokerage Account # Email Address
  Daytime Phone Number Page 2 of 6 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS W SHARES - INITIAL INVESTMENT FORM 6
  STOCKHOLDER COMMUNICATION Electronic Delivery (Please check box if you wish
  to elect this option) 7 DISTRIBUTION DESIGNATION A. Reinvest distributions
  pursuant to the DRIP C. Check mailed to address set forth in Section 13 of
  this form (Advisor-Registered Accounts only) D. Direct Deposit (Advisor-Registered
  Accounts only). Please complete Section 8. 8 WIRING INSTRUCTIONS FOR DIRECT
  DEPOSITS AND LARGE ACCOUNTS Financial Institution Street Address City State
  Zip Code Account Number ABA Routing Number Checking (please include a voided
  check) Savings (please include deposit slip) Brokerage or Other 9 COST BASIS
  ELECTION Select One: FIFO: First in first out method depletes tax lots in the
  chronological order in which they were acquired. LIFO: Last in first out
  method will redeem newest available shares purchased. HIFO:
  Highest cost available shares will be redeemed first. LOFO:
  Lowest cost available shares will be redeemed first. HILT: Long term highest
  cost available shares will be redeemed first. HIST:
  Short term highest cost available shares will be redeemed first. LILT: Long
  term lowest cost available shares will be redeemed first. LIST: Short term
  lowest cost available shares will be redeemed first. Specific Identification:
  Shareholders choose which tax lots they are selling and must specify particular
  lots to be sold prior to or at the time of each redemption. Page 3 of 6 The
  Investor hereby requests all available printed materials associated with this
  account or securities held in this account, including but not limited to,
  annual and semi-annual reports, prospectuses, supplements to the prospectus,
  proxies, investor statements and correspondence be sent electronically to the
  e-mail for the registered account. The internet address (URL) where the
  materials are available will be contained within an e-mail announcement sent
  to such address when such materials are available. Materials referenced
  within the e-mail announcement may be viewed electronically or printed. Costs
  associated with accessing the internet maybe incurred and certain software
  may need to be downloaded in order to view the materials delivered
  electronically and that timely access to the materials may not be available
  in the event of a system failure or network outage. I understand that if the
  e-mail notification is returned to BNYMellon, the
  transfer agent for this offering, as "undeliverable", a letter will
  be mailed to me with instructions on how to update my e-mail address to begin
  receiving communication via electronic delivery. After enrollment in the
  electronic delivery program, a paper version of a document may be requested
  or electronic delivery cancelled by calling 1-877-999-REIT(7348).
  Electronic delivery is not available to residents of the States of Arkansas,
  California or Nebraska. Electronic funds transfers require the signatures of
  the bank account owners exactly as they appear on the bank records.
  Registration of the bank account must be the same as names and signatures on
  this form. Internal Revenue Service regulations require security issuers to
  determine the adjusted cost basis for securities sold or redeemed, the nature
  of the gain or loss, and to report the information on Form 1099-B. Several
  tax lot relief methods are available to determine the adjusted cost basis;
  select one of the following options as the tax lot relief method to be used.
  This election may be changed at any time prior to or at the time of each redemption. If no method is selected, the Company
  will utilize the FIFO method as the default option. The Investor authorizes
  the Company or its agent to deposit distributions in the Custodian/Brokerage
  account set forth in Section 5 of this form. This authority will remain in
  force until the Company is notified in writing to cancel it. In the event
  that the Company or its agent deposits funds erroneously into the
  Custodian/Brokerage account, they are authorized to debit the
  Custodian/Brokerage account for an amount not to exceed the amount of the
  erroneous deposit. The Investor elects to invest distributions in additional
  shares of the Company pursuant to the terms of the Prospectus and the DRIP
  described therein. See Section 11 of this form for important additional
  information. Please complete this section to enroll in the Distribution
  Reinvestment Plan (the "DRIP") or to designate the form of
  distributions that you would like to receive (please select one ). The Investor authorizes the Company or its agent to
  deposit distributions to the designated bank/brokerage account. This
  authority will remain in force until the Company is notified in writing to
  cancel it. In the event that the Company or its agent deposits funds
  erroneously into the account, they are authorized to debit the account for an
  amount not to exceed the amount of the erroneous deposit. B. Send to
  Custodial Account set forth in Section 5 of this form (Custodian-Registered
  Accounts only) All investors utilizing Direct Deposit for distributions or
  with investments in the Company greater than $100,000 must provide wiring
  instructions to the investor's brokerage account or pre-designated US bank
  account. All redemptions processed in excess of $100,000 will be wired to the
  account on file with the transfer agent or, upon instruction, wired to
  another financial institution provided that the investor has made the
  necessary funds transfer arrangements. Stockholders with investments in the
  Company less than $100,000 may also receive redemption proceeds via wired
  funds. All funds wired by the Company or its agents must be to a US financial
  institution (ACH network member). IRA accounts may not direct distributions
  without the Custodian's approval. All Custodial account distributions not
  reinvested pursuant to the DRIP will be directed to the Custodian. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS W SHARES - INITIAL INVESTMENT FORM 10
  INVESTOR SIGNATURES PLEASE NOTE: ALL ITEMS MUST BE READ AND INITIALED
  Investor/ Co-Investor/ I, the Investor (or in the case of fiduciary accounts,
  the person authorized to sign on such subscriber's Owner Joint Owner behalf),
  hereby represent and warrant to the Company as follows: (a) I have received a
  copy of the Final Prospectus 1 for Clarion Partners Property Trust Inc. at
  least five business days before signing this form. (b) I acknowledge that
  after the end of each business day following the escrow period, I can access
  the Company's NAV per Share for each class of
  Shares through the Company's website at www.clarionpartnerstrust.com,
  the Company's toll-free number at 1-877-999-REIT(7348)
  and my financial advisor. I can also access this pricing information through
  the Company's Daily Pricing Supplement filed on the SEC's
  website at www.sec.gov the next morning. I further
  acknowledge that I have received Company's NAV per
  Share from one or more of these sources prior to completing this form. (c) I
  have (i) a minimum net worth (not including home,
  home furnishings and personal automobiles) of at least $250,000, or (ii) a
  minimum net worth (as previously described) of at least $100,000 and a
  minimum annual gross income of at least $70,000, and, if applicable, I meet
  the higher suitability requirements imposed by my state of primary residence
  as set forth in the Prospectus under "Suitability Standards." I
  acknowledge that these suitability requirements can be met by myself or the fiduciary acting on my behalf. (d ) I will not purchase additional shares unless I meet
  the applicable suitability standards set forth in the Prospectus at the time
  of purchase. (e) With the purchase of shares of the Company, no more than 10%
  of my liquid net worth will be invested in shares of the Company and other
  similar programs. For these purposes, "liquid net worth" is defined
  as cash, cash equivalents and readily marketable securities. (f) I
  acknowledge that shares of the Company are not liquid,
  that there is no public market for the shares and that I may not be able to
  sell or redeem the shares at any particular time. (g) I am purchasing the
  shares for my own account or on behalf of a trust or other eligible entity.
  If I am purchasing shares on behalf of a trust or other eligible entity, I
  have due authority to sign this form and to legally bind the trust or other
  eligible entity to the terms and conditions for purchasing shares of the
  Company. (h) I acknowledge that neither the Company, the advisor of the
  Company, nor any of their respective agents, representatives or affiliates
  has exercised any discretionary authority or control with respect to the
  Investor’s investment in the Company, and neither the Company, the Advisor of
  the Company, nor any of their respective agents, representatives or affiliates
  rendered individualized investment advice to the Investor based upon the
  Investor’s investment policies or strategies, overall portfolio composition
  or diversification with respect to its investment in shares and the
  investment program thereunder. (1) Final Prospectus
  means the prospectus and all supplements and amendments thereto that were
  filed with the SEC on or prior to the fifth business day before completing
  this form. Page 4 of 6 Please read and separately initial each of the
  representations below in order to complete the application for purchasing and
  owning shares of the Company. If you have more questions about this offering
  or if you would like additional copies of the Prospectus, please visit the
  Company's website at www.clarionpartnerstrust.com.
  Financial advisors can also contact their wholesale representatives. Except
  in the case of fiduciary accounts, you may not grant any person a power of
  attorney to make the representations on your behalf. By making these
  representations, you do not waive any rights that you may have under federal
  or state securities laws. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS W SHARES - INITIAL INVESTMENT FORM X
  Signature of Investor Date Signature of Co-Investor Date 11 IMPORTANT
  INVESTOR INFORMATION 12 CUSTODIAN SIGNATURE (For Custodian identified in
  Section 5, as applicable) The undersigned being the Custodian of the IRA
  being invested in the Company by Investor, hereby accepts and agrees to this
  subscription. X Name of Authorized Signatory Signature of Authorized
  Signatory Date If the Custodian of the IRA being invested in the Company by
  Investor accepts and agrees to the Investor’s election (if applicable) to
  invest distributions in additional shares of the Company pursuant to the
  terms of the Prospectus and the DRIP described therein, please initial here:
  Page 5 of 6 All items on this form must be completed in order to process the
  application. Please note that the Company, its agents and participating
  broker-dealers are required by law to obtain, verify and record certain
  personal information obtained to establish this account. We may also ask for
  other identifying documents or financial information relevant to a
  suitability assessment. If that information is not provided, we may not be
  able to open the account. In order to invest in the Company, we only accept
  checks drawn from a US bank account or wired funds from a US financial
  institution (ACH network member). We do not accept money orders, traveler's
  checks, starter checks, foreign checks, counter checks, third-party checks or
  cash. IMPORTANT INFORMATION FOR INVESTORS IN THE DISTRIBUTION REINVESTMENT
  PLAN: If the Investor experiences a material adverse change in his/her
  financial condition or can no longer make the representations or warranties
  set forth in Section 10 of this form, you are required to promptly notify the
  Company in writing. IMPORTANT INFORMATION FOR INVESTORS PURCHASING SHARES
  UNDER THE TERMS FOR UNIFORM GIFTS OR TRANSFERS TO MINORS (UGMA
  / UTMA): To the extent that shares of the Company
  are purchased for the benefit of a minor under UGMA
  /UTMA, the minor will be required to complete a
  Subscription Eligibility Form & Account Application at the time that he
  or she becomes of legal age as defined by the law of the minor's state of
  residency. WITHHOLDING INFORMATION This application requires an accompanying
  W-9 form (enclosed). For further instructions on completing the W-9, please
  visit the Internal Revenue Service website at www.irs.gov.
  NOTE: The Internal Revenue Service does not require your consent to any
  provision of this document other than the certification regarding backup
  withholding. INVESTOR SIGNATURES CONTINUED --- By submitting this
  application, I agree to the terms and conditions for owning shares of the
  Company as outlined in this form, the Prospectus and any applicable
  supplements. I certify that the information which I have provided with
  respect to my application and the required attachments referenced herein is
  true, accurate and complete. I certify under penalties of perjury that I am
  not involved in any money laundering schemes and the source of any investment
  in the Company is not derived from any criminal activities. I further
  acknowledge that after an account is opened with the Company, I will receive
  account statements, a confirmation of my purchase and other correspondence
  which I must carefully review to ensure that my instructions have been
  properly acted upon. If any discrepancies are noted, I agree to notify the
  Company or the transfer agent in a timely manner, no later than 15 days from
  the receipt of such account statements or correspondence. My failure to
  notify one of the above entities on a timely basis will relieve such entities
  of any liability with respect to any discrepancy. I certify that I am of
  legal age to sign this form. For joint accounts, all parties must sign.
  Except in the case of a fiduciary account, the investor may not grant any
  person a power of attorney to make the above representations on his, hers, or
  its benefit. NOTE: By signing this form, you are not waiving any rights that
  you may have under federal and state securities laws. 

  

 

	
  

  	
  CLARION
  PARTNERS PROPERTY TRUST INC. CLASS W SHARES - INITIAL INVESTMENT FORM 13
  PARTICIPATING BROKER-DEALER / FINANCIAL ADVISOR OR RIA
  INFORMATION Broker-Dealer Financial Advisor/RIA
  Name Financial Advisor/RIA Mailing Address City
  State Zip Code Financial Advisor/RIA Number Branch
  Number CRD Number Email Address Daytime Phone
  Number Fax Number X X Financial Advisor/RIA Signature Date Branch Manager Signature Date (if required
  by Participating Broker-Dealer) 14 SUBSCRIPTION CHECKLIST A. Please review
  this application to ensure that all sections are complete, all additional
  required information is attached, and that initials and signatures are
  provided wherever requested. For IRA accounts, mail investor signed documents
  to the IRA Custodian for signatures. B. Payment by check. Checks should be
  made payable to: BNY Mellon Investment Servicing
  (US) Inc. (as escrow agent for Clarion Partners Property Trust Inc.) Payment
  by wire. Wire to: PNC Bank, One PNC Plaza, Pittsburgh, PA ABA Routing Number:
  031000053 Beneficiary Name: PNCGIS as Agent FBO  ING Funds Consolidated
  Account Beneficiary Account Number: 8611773535 For Further Credit to:
  Investor Name Fund Name: Clarion Partners Property Trust C. This original
  application, together with a check for the full purchase price (if payment by
  check), should be delivered to the applicable address below (no faxes):
  Standard Mail Overnight Delivery Clarion Partners Property Trust Inc. Clarion
  Partners Property Trust Inc. c/o BNY Mellon
  Investment Servicing (US) Inc. c/o BNY Mellon
  Investment Servicing (US) Inc. P.O. Box 9865 400 Computer Drive Providence,
  RI 02940-8065 Westborough, MA 01581 Page 6 of 6 The financial advisor/RIA must complete all fields in this section and sign
  below to complete this form. By signing this form, the financial advisor/RIA warrants that he or she is duly licensed and may sell
  shares of the Company in the state designated as the Investor's legal
  residence. All sales of securities must be made through a broker-dealer that
  has a Participating Broker-Dealer Agreement in effect with ING Investments Distributor, LLC.,
  the Company's dealer manager. The undersigned financial advisor/RIA confirms on behalf of the participating broker-dealer
  that he or she has (i) has reasonable grounds to
  believe that the information and representations concerning the Investor
  identified herein are true, correct and complete in all respects; and (ii)
  has reasonable grounds to believe that the purchase of shares is a suitable
  investment for such Investor as set forth in the "Suitability
  Standards" section of the Prospectus. The undersigned financial advisor/RIA represents and certifies that, in connection with the
  offering and sale of any shares of the Company on behalf of the Investor, he
  or she has complied with and followed all applicable policies and procedures
  under the participating broker-dealer's current Anti-Money Laundering Program
  and Customer Identification Program. The undersigned financial advisor/RIA further represents and certifies that the Investor
  has granted said financial advisor/RIA a power of
  attorney with the authority to execute this subscription agreement on the
  Investor's behalf, including all required representations.

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