BYLAWS

OF

[                     ]   ,  Inc
an Arizona corporation

Dated August      , 2003

TABLE OF CONTENTS

ARTICLE I

Offices

Section 1.01

Principal Office.

ARTICLE II

Meetings of Shareholders

  . . .

ARTICLES OF ORGANIZATION

OF

                                 L.L.C.

Under Section [     ]of the

Limited Liability Company Law

These Articles of Organization for                                  L.L.C. are being duly executed and filed by the undersigned, as an authorized person, to form a limited liability company under the [     ] Limited Liability Company Law [              ].

1.                                       The name of the limited liability company formed hereby is                            L.L.C. (the Company).

2.                                       The office of the Company will be located in [              ] County.

BY-LAWS

OF

K. Hovnanian Enterprises, Inc.

SECTION 1:- ANNUAL MEETING OF SHAREHOLDERS �

The annual meeting of shareholders shall be held at 10:00 A. M. on the last day of February                of each year, upon not less than ten (10) nor more than sixty (60) days written notice of the time, place, and purposes of the meeting, at the Corporation�s then registered office in the State of New Jersey, or at such other time and place as shall be specified in the notice of the  . . .

BY-LAWS

OF

[                   ], INC.

SECTION 1: - ANNUAL MEETING OF SHAREHOLDERS �

The annual meeting of shareholders shall be held at 10:00 A.M. on last day of February of each year, upon not less than ten (10) nor more than sixty (60) days written notice of the time, place, and purposes of the meeting, at the Corporation�s then registered office-in the State of New York or at such other time and place as shall be specified in the notice of the meeting,  . . .

BY-LAWS

OF

[                                                 ]

 INC.

ARTICLE I.

Offices

Section 1.                                       . . .

[                             ], INC.

BY-LAWS

ARTICLE I

MEETING OF STOCKHOLDERS

Section 1.                 Place of Meeting and Notice.  Meetings of the stockholders of the Corporation shall be held at such place either within or without of the State of Delaware as the Board of Directors may determine.

Section 2. . . .

BYLAWS OF

[                     ], Inc.,

a California Corporation

INDEX

ARTICLE I OFFICES

Section 1. PRINCIPAL OFFICE

ARTICLE II MEETINGS OF SHAREHOLDERS

Section 1. PLACE OF MEETINGS

Section 2. ANNUAL MEETING

Section 3. SPECIAL MEETING

Section 4. NOTICE OF SHAREHOLDERS? MEETINGS

Section 5. MANNER OF GIVING NOTICE: AFFIDAVIT OF NOTICE

Section 6.  . . .

BY-LAWS
OF
[                       ], INC.

Article I.   . . .

BY-LAWS OF

[                          ], INC.

ARTICLE I - OFFICES

The principal office of the corporation shall be established and maintained at [                      ]. The corporation may also have offices at such places within or without the State of Florida as the board may from time to time establish.

ARTICLE  . . .

BY-LAWS

OF

[                 ], Inc.

Article I.   . . .