diff --git a/mono/tests/SlnProjectDepsBug/LibB/LibB.csproj b/mono/tests/SlnProjectDepsBug/LibB/LibB.csproj
new file mode 100644
index 00000000000..863346ebc8b
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/LibB/LibB.csproj
@@ -0,0 +1,37 @@
+<?xml version="1.0" encoding="utf-8"?>
+<Project DefaultTargets="Build" ToolsVersion="4.0" xmlns="http://schemas.microsoft.com/developer/msbuild/2003">
+  <PropertyGroup>
+    <Configuration Condition=" '$(Configuration)' == '' ">Debug</Configuration>
+    <Platform Condition=" '$(Platform)' == '' ">AnyCPU</Platform>
+    <ProjectGuid>{34ED4F6B-145E-467E-AFFB-48B3237878D3}</ProjectGuid>
+    <OutputType>Library</OutputType>
+    <RootNamespace>LibB</RootNamespace>
+    <AssemblyName>LibB</AssemblyName>
+    <TargetFrameworkVersion>v4.6.2</TargetFrameworkVersion>
+  </PropertyGroup>
+  <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Debug|AnyCPU' ">
+    <DebugSymbols>true</DebugSymbols>
+    <DebugType>full</DebugType>
+    <Optimize>false</Optimize>
+    <OutputPath>bin\Debug</OutputPath>
+    <DefineConstants>DEBUG;</DefineConstants>
+    <ErrorReport>prompt</ErrorReport>
+    <WarningLevel>4</WarningLevel>
+    <ConsolePause>false</ConsolePause>
+  </PropertyGroup>
+  <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Release|AnyCPU' ">
+    <Optimize>true</Optimize>
+    <OutputPath>bin\Release</OutputPath>
+    <ErrorReport>prompt</ErrorReport>
+    <WarningLevel>4</WarningLevel>
+    <ConsolePause>false</ConsolePause>
+  </PropertyGroup>
+  <ItemGroup>
+    <Reference Include="System" />
+  </ItemGroup>
+  <ItemGroup>
+    <Compile Include="MyClass.cs" />
+    <Compile Include="Properties\AssemblyInfo.cs" />
+  </ItemGroup>
+  <Import Project="$(MSBuildBinPath)\Microsoft.CSharp.targets" />
+</Project>
\ No newline at end of file
diff --git a/mono/tests/SlnProjectDepsBug/LibB/MyClass.cs b/mono/tests/SlnProjectDepsBug/LibB/MyClass.cs
new file mode 100644
index 00000000000..3d310de2982
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/LibB/MyClass.cs
@@ -0,0 +1,10 @@
+using System;
+namespace LibB
+{
+	public class MyClass
+	{
+		public MyClass()
+		{
+		}
+	}
+}
diff --git a/mono/tests/SlnProjectDepsBug/LibB/Properties/AssemblyInfo.cs b/mono/tests/SlnProjectDepsBug/LibB/Properties/AssemblyInfo.cs
new file mode 100644
index 00000000000..f0f4559a2f6
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/LibB/Properties/AssemblyInfo.cs
@@ -0,0 +1,26 @@
+using System.Reflection;
+using System.Runtime.CompilerServices;
+
+// Information about this assembly is defined by the following attributes. 
+// Change them to the values specific to your project.
+
+[assembly: AssemblyTitle("LibB")]
+[assembly: AssemblyDescription("")]
+[assembly: AssemblyConfiguration("")]
+[assembly: AssemblyCompany("")]
+[assembly: AssemblyProduct("")]
+[assembly: AssemblyCopyright("${AuthorCopyright}")]
+[assembly: AssemblyTrademark("")]
+[assembly: AssemblyCulture("")]
+
+// The assembly version has the format "{Major}.{Minor}.{Build}.{Revision}".
+// The form "{Major}.{Minor}.*" will automatically update the build and revision,
+// and "{Major}.{Minor}.{Build}.*" will update just the revision.
+
+[assembly: AssemblyVersion("1.0.*")]
+
+// The following attributes are used to specify the signing key for the assembly, 
+// if desired. See the Mono documentation for more information about signing.
+
+//[assembly: AssemblyDelaySign(false)]
+//[assembly: AssemblyKeyFile("")]
diff --git a/mono/tests/SlnProjectDepsBug/LibC/LibC.csproj b/mono/tests/SlnProjectDepsBug/LibC/LibC.csproj
new file mode 100644
index 00000000000..f8a3bf11a46
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/LibC/LibC.csproj
@@ -0,0 +1,37 @@
+<?xml version="1.0" encoding="utf-8"?>
+<Project DefaultTargets="Build" ToolsVersion="4.0" xmlns="http://schemas.microsoft.com/developer/msbuild/2003">
+  <PropertyGroup>
+    <Configuration Condition=" '$(Configuration)' == '' ">Debug</Configuration>
+    <Platform Condition=" '$(Platform)' == '' ">AnyCPU</Platform>
+    <ProjectGuid>{9C743F94-9DA8-422B-8FB8-DEB139216381}</ProjectGuid>
+    <OutputType>Library</OutputType>
+    <RootNamespace>LibC</RootNamespace>
+    <AssemblyName>LibC</AssemblyName>
+    <TargetFrameworkVersion>v4.6.2</TargetFrameworkVersion>
+  </PropertyGroup>
+  <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Debug|AnyCPU' ">
+    <DebugSymbols>true</DebugSymbols>
+    <DebugType>full</DebugType>
+    <Optimize>false</Optimize>
+    <OutputPath>bin\Debug</OutputPath>
+    <DefineConstants>DEBUG;</DefineConstants>
+    <ErrorReport>prompt</ErrorReport>
+    <WarningLevel>4</WarningLevel>
+    <ConsolePause>false</ConsolePause>
+  </PropertyGroup>
+  <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Release|AnyCPU' ">
+    <Optimize>true</Optimize>
+    <OutputPath>bin\Release</OutputPath>
+    <ErrorReport>prompt</ErrorReport>
+    <WarningLevel>4</WarningLevel>
+    <ConsolePause>false</ConsolePause>
+  </PropertyGroup>
+  <ItemGroup>
+    <Reference Include="System" />
+  </ItemGroup>
+  <ItemGroup>
+    <Compile Include="MyClass.cs" />
+    <Compile Include="Properties\AssemblyInfo.cs" />
+  </ItemGroup>
+  <Import Project="$(MSBuildBinPath)\Microsoft.CSharp.targets" />
+</Project>
\ No newline at end of file
diff --git a/mono/tests/SlnProjectDepsBug/LibC/MyClass.cs b/mono/tests/SlnProjectDepsBug/LibC/MyClass.cs
new file mode 100644
index 00000000000..1004eb73ba4
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/LibC/MyClass.cs
@@ -0,0 +1,10 @@
+using System;
+namespace LibC
+{
+	public class MyClass
+	{
+		public MyClass()
+		{
+		}
+	}
+}
diff --git a/mono/tests/SlnProjectDepsBug/LibC/Properties/AssemblyInfo.cs b/mono/tests/SlnProjectDepsBug/LibC/Properties/AssemblyInfo.cs
new file mode 100644
index 00000000000..05147718a0b
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/LibC/Properties/AssemblyInfo.cs
@@ -0,0 +1,26 @@
+using System.Reflection;
+using System.Runtime.CompilerServices;
+
+// Information about this assembly is defined by the following attributes. 
+// Change them to the values specific to your project.
+
+[assembly: AssemblyTitle("LibC")]
+[assembly: AssemblyDescription("")]
+[assembly: AssemblyConfiguration("")]
+[assembly: AssemblyCompany("")]
+[assembly: AssemblyProduct("")]
+[assembly: AssemblyCopyright("${AuthorCopyright}")]
+[assembly: AssemblyTrademark("")]
+[assembly: AssemblyCulture("")]
+
+// The assembly version has the format "{Major}.{Minor}.{Build}.{Revision}".
+// The form "{Major}.{Minor}.*" will automatically update the build and revision,
+// and "{Major}.{Minor}.{Build}.*" will update just the revision.
+
+[assembly: AssemblyVersion("1.0.*")]
+
+// The following attributes are used to specify the signing key for the assembly, 
+// if desired. See the Mono documentation for more information about signing.
+
+//[assembly: AssemblyDelaySign(false)]
+//[assembly: AssemblyKeyFile("")]
diff --git a/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug.sln b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug.sln
new file mode 100644
index 00000000000..440e0f249cd
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug.sln
@@ -0,0 +1,32 @@
+
+Microsoft Visual Studio Solution File, Format Version 12.00
+# Visual Studio 2012
+Project("{FAE04EC0-301F-11D3-BF4B-00C04F79EFBC}") = "SlnProjectDepsBug", "SlnProjectDepsBug\SlnProjectDepsBug.csproj", "{2A45AC7E-98A0-4AA8-84F0-7C02A7469313}"
+EndProject
+Project("{FAE04EC0-301F-11D3-BF4B-00C04F79EFBC}") = "LibC", "LibC\LibC.csproj", "{9C743F94-9DA8-422B-8FB8-DEB139216381}"
+EndProject
+Project("{FAE04EC0-301F-11D3-BF4B-00C04F79EFBC}") = "LibB", "LibB\LibB.csproj", "{34ED4F6B-145E-467E-AFFB-48B3237878D3}"
+        ProjectSection(ProjectDependencies) = postProject
+	                {9C743F94-9DA8-422B-8FB8-DEB139216381} = {9C743F94-9DA8-422B-8FB8-DEB139216381}
+        EndProjectSection
+EndProject
+Global
+	GlobalSection(SolutionConfigurationPlatforms) = preSolution
+		Debug|x86 = Debug|x86
+		Release|x86 = Release|x86
+	EndGlobalSection
+	GlobalSection(ProjectConfigurationPlatforms) = postSolution
+		{2A45AC7E-98A0-4AA8-84F0-7C02A7469313}.Debug|x86.ActiveCfg = Debug|x86
+		{2A45AC7E-98A0-4AA8-84F0-7C02A7469313}.Debug|x86.Build.0 = Debug|x86
+		{2A45AC7E-98A0-4AA8-84F0-7C02A7469313}.Release|x86.ActiveCfg = Release|x86
+		{2A45AC7E-98A0-4AA8-84F0-7C02A7469313}.Release|x86.Build.0 = Release|x86
+		{9C743F94-9DA8-422B-8FB8-DEB139216381}.Debug|x86.ActiveCfg = Debug|Any CPU
+		{9C743F94-9DA8-422B-8FB8-DEB139216381}.Debug|x86.Build.0 = Debug|Any CPU
+		{9C743F94-9DA8-422B-8FB8-DEB139216381}.Release|x86.ActiveCfg = Release|Any CPU
+		{9C743F94-9DA8-422B-8FB8-DEB139216381}.Release|x86.Build.0 = Release|Any CPU
+		{34ED4F6B-145E-467E-AFFB-48B3237878D3}.Debug|x86.ActiveCfg = Debug|Any CPU
+		{34ED4F6B-145E-467E-AFFB-48B3237878D3}.Debug|x86.Build.0 = Debug|Any CPU
+		{34ED4F6B-145E-467E-AFFB-48B3237878D3}.Release|x86.ActiveCfg = Release|Any CPU
+		{34ED4F6B-145E-467E-AFFB-48B3237878D3}.Release|x86.Build.0 = Release|Any CPU
+	EndGlobalSection
+EndGlobal
diff --git a/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/Program.cs b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/Program.cs
new file mode 100644
index 00000000000..b779bafa8b8
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/Program.cs
@@ -0,0 +1,12 @@
+using System;
+
+namespace SlnProjectDepsBug
+{
+	class MainClass
+	{
+		public static void Main(string[] args)
+		{
+			Console.WriteLine("Hello World!");
+		}
+	}
+}
diff --git a/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/Properties/AssemblyInfo.cs b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/Properties/AssemblyInfo.cs
new file mode 100644
index 00000000000..ac3f54c54b0
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/Properties/AssemblyInfo.cs
@@ -0,0 +1,26 @@
+using System.Reflection;
+using System.Runtime.CompilerServices;
+
+// Information about this assembly is defined by the following attributes. 
+// Change them to the values specific to your project.
+
+[assembly: AssemblyTitle("SlnProjectDepsBug")]
+[assembly: AssemblyDescription("")]
+[assembly: AssemblyConfiguration("")]
+[assembly: AssemblyCompany("")]
+[assembly: AssemblyProduct("")]
+[assembly: AssemblyCopyright("${AuthorCopyright}")]
+[assembly: AssemblyTrademark("")]
+[assembly: AssemblyCulture("")]
+
+// The assembly version has the format "{Major}.{Minor}.{Build}.{Revision}".
+// The form "{Major}.{Minor}.*" will automatically update the build and revision,
+// and "{Major}.{Minor}.{Build}.*" will update just the revision.
+
+[assembly: AssemblyVersion("1.0.*")]
+
+// The following attributes are used to specify the signing key for the assembly, 
+// if desired. See the Mono documentation for more information about signing.
+
+//[assembly: AssemblyDelaySign(false)]
+//[assembly: AssemblyKeyFile("")]
diff --git a/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/SlnProjectDepsBug.csproj b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/SlnProjectDepsBug.csproj
new file mode 100644
index 00000000000..fc0a83efe9a
--- /dev/null
+++ b/mono/tests/SlnProjectDepsBug/SlnProjectDepsBug/SlnProjectDepsBug.csproj
@@ -0,0 +1,45 @@
+<?xml version="1.0" encoding="utf-8"?>
+<Project DefaultTargets="Build" ToolsVersion="4.0" xmlns="http://schemas.microsoft.com/developer/msbuild/2003">
+  <PropertyGroup>
+    <Configuration Condition=" '$(Configuration)' == '' ">Debug</Configuration>
+    <Platform Condition=" '$(Platform)' == '' ">x86</Platform>
+    <ProjectGuid>{2A45AC7E-98A0-4AA8-84F0-7C02A7469313}</ProjectGuid>
+    <OutputType>Exe</OutputType>
+    <RootNamespace>SlnProjectDepsBug</RootNamespace>
+    <AssemblyName>SlnProjectDepsBug</AssemblyName>
+    <TargetFrameworkVersion>v4.6.2</TargetFrameworkVersion>
+  </PropertyGroup>
+  <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Debug|x86' ">
+    <DebugSymbols>true</DebugSymbols>
+    <DebugType>full</DebugType>
+    <Optimize>false</Optimize>
+    <OutputPath>bin\Debug</OutputPath>
+    <DefineConstants>DEBUG;</DefineConstants>
+    <ErrorReport>prompt</ErrorReport>
+    <WarningLevel>4</WarningLevel>
+    <ExternalConsole>true</ExternalConsole>
+    <PlatformTarget>x86</PlatformTarget>
+  </PropertyGroup>
+  <PropertyGroup Condition=" '$(Configuration)|$(Platform)' == 'Release|x86' ">
+    <Optimize>true</Optimize>
+    <OutputPath>bin\Release</OutputPath>
+    <ErrorReport>prompt</ErrorReport>
+    <WarningLevel>4</WarningLevel>
+    <ExternalConsole>true</ExternalConsole>
+    <PlatformTarget>x86</PlatformTarget>
+  </PropertyGroup>
+  <ItemGroup>
+    <Reference Include="System" />
+  </ItemGroup>
+  <ItemGroup>
+    <Compile Include="Program.cs" />
+    <Compile Include="Properties\AssemblyInfo.cs" />
+  </ItemGroup>
+  <ItemGroup>
+    <ProjectReference Include="..\LibB\LibB.csproj">
+      <Project>{34ED4F6B-145E-467E-AFFB-48B3237878D3}</Project>
+      <Name>LibB</Name>
+    </ProjectReference>
+  </ItemGroup>
+  <Import Project="$(MSBuildBinPath)\Microsoft.CSharp.targets" />
+</Project>
\ No newline at end of file
diff --git a/src/Build/Construction/Solution/ProjectInSolution.cs b/src/Build/Construction/Solution/ProjectInSolution.cs
index 4cdfa5936eb..ee0133dd28f 100644
--- a/src/Build/Construction/Solution/ProjectInSolution.cs
+++ b/src/Build/Construction/Solution/ProjectInSolution.cs
@@ -8,6 +8,7 @@
 using System.Security;
 using System.Text;
 using System.Xml;
+using Microsoft.Build.Shared;
 
 using XMakeAttributes = Microsoft.Build.Shared.XMakeAttributes;
 using ProjectFileErrorUtilities = Microsoft.Build.Shared.ProjectFileErrorUtilities;
@@ -154,7 +155,11 @@ public string ProjectName
         public string RelativePath
         {
             get { return _relativePath; }
-            internal set { _relativePath = value; }
+            internal set
+            {
+                _relativePath = FileUtilities.MaybeAdjustFilePath(value,
+                                                    baseDirectory:this.ParentSolution.SolutionFileDirectory ?? String.Empty);
+            }
         }
 
         /// <summary>