UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549

FORM 8-K

~~Current~~CURRENT ~~Report~~REPORT ~~Pursuant~~PURSUANT TO toSECTION ~~Section~~ 13 orOR 15(d) ofOF ~~the~~THE ~~Securities~~SECURITIES ~~Exchange~~EXCHANGE ~~Act~~ACT ofOF 1934

Date of Report (Date of earliest event reported): ~~June~~November 20, 2003

NTS-PROPERTIES IV (Exact Name of Registrant as Specified in ~~its~~Its Charter)

Kentucky	~~Kentucky~~0-11655	61-1026356	~~0-11655~~	~~61-1026356~~
	(State or Other		(Commission File	(IRS Employer
(State or jurisdiction	(Commission File	(IRS Employer
	Jurisdiction of		Number)	Incorporation)
of Incorporation)	Number)	Incorporation)
	Incorporation)

10172 Linn Station Road, Louisville, Kentucky 40223 (Address of Principal Executive Offices)

(502) 426-4800 (Registrant'’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

TheITEM general partners of NTS-Properties III, NTS-Properties IV, NTS-Properties V, NTS-Properties VI and NTS-Properties VII have reached an agreement in principle with representatives of the class of plaintiffs to settle the action captioned Buchanan et al9. v. NTS-Properties Associates et al.Regulation (CaseFD NoDisclosure. C 01-05090). The action was originally filed in the Superior Court of the State of California for the County of Contra Costa against the general partners and several affiliated individuals and entities in December 2001. The settlement is subject to, among other things, preparing and executing a settlement agreement to be presented to the court for preliminary and final approval. The proposed settlement would include releases for all of the parties for any of the claims asserted in the Buchanan litigation and the class action and derivative litigation filed in the Circuit Court for Jefferson County Kentucky and captioned Bohm et al. v. J.D. Nichols et al. (Case No. 03-CI-01740).

As On November ~~part~~20, ~~of the proposed settlement~~2003, ~~the~~ ~~general~~NTS-Properties ~~partners~~Associates ~~have~~IV, ~~agreed to pursue a merger of~~ the ~~partnerships along with other real estate entities affiliated with the~~ general ~~partners~~ ~~into~~partner aof ~~newly~~NTS-~~formed partnership. The~~Properties ~~general partners would seek to list~~IV, ~~the~~sent ~~limited partnership interests to be issued in the merger on~~ a ~~national~~notice ~~securities exchange. The merger will be subject~~ to, ~~among other things, approval by a majority of the~~ limited ~~partner interests in each partnership, final approval of the court in which the Buchanan litigation is pending and receipt by the general~~ partners ~~of an opinion~~ regarding ~~the fairness of the merger to the limited partners from~~ a ~~financial point~~mini-tender ofoffer ~~view. An independent appraiser has been retained to appraise all of the properties owned~~ by ~~the existing partnerships~~CMG ~~and~~Partners, ~~affiliated entities and that would be owned after the merger by the new partnership~~LLC. ~~The~~ ~~appraisal will be~~A ~~used~~copy inof ~~establishing exchange values which will determine~~ the ~~number~~notice ofis ~~interests~~attached ~~that will be issued~~ to ~~each~~this ~~existing partnership~~current ~~in the~~report ~~merger. The~~on ~~interests~~Form ~~in the newly~~8-~~formed partnership will~~K ~~be subsequently distributed to the limited and general partners in each existing partnership~~ as ~~though~~Exhibit ~~each partnership had been liquidated~~99.1.

The merger will also be subject to the effectiveness of a joint prospectus/consent solicitation statement to be filed with the Securities and Exchange Commission. This announcement is neither an offer to purchase, a solicitation of an offer to sell nor the solicitation of a proxy to vote, any of the limited partner interests of the partnerships. Each limited partner is strongly encouraged to read the prospectus/consent statement and any other relevant documents when filed with the Securities and Exchange Commission. These documents will contain important information and may be obtained free of charge on the SEC's website at www.sec.gov, or on the partnerships' website at www.ntsdevelopment.com.SIGNATURES

2 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Forward Looking Information

NTS-PROPERTIES IV


By:		NTS-Properties Associates IV,
		General Partner,
		By: NTS Capital Corporation,
		General Partner

~~This~~/s/ ~~filing~~Gregory ~~may contain forward-looking statements involving risks and uncertainties~~A. ~~Statements~~ inWells ~~this~~Gregory ~~filing that are not historical, including statements regarding intentions, beliefs, expectations, representations, plans or predictions of the future, constitute forward-looking statements~~A. ~~These~~ ~~risks~~Wells ~~and uncertainties include, but~~Chief ~~are~~Financial ~~not~~Officer ~~limited to, court and other regulatory approval~~ of ~~the~~NTS ~~proposed mergers, the~~Capital ~~ability~~Corporation ~~to successfully integrate~~Date: ~~each~~November ~~of the acquired partnerships as well as general risks and uncertainties associated with owning real estate. For a discussion of some of these potential risks and uncertainties~~20, ~~please refer~~ to the annual and quarterly reports filed by each of the partnerships with the Securities and Exchange Commission. The partnerships do not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.2003

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

NTS-PROPERTIES IV By: NTS-Properties Associates IV, General Partner By: NTS Capital Corporation, General Partner

/s/ Gregory A. Wells Gregory A. Wells Chief Financial Officer of NTS Capital Corporation

Filing Compare · NTS PROPERTIES IV