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· 11/6/1992

Air Power, Inc. v. Thompson

Citations

  • 422 S.E.2d 768
  • 244 Va. 534
  • 9 Va. Law Rep. 533
  • 1992 Va. LEXIS 114

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • observing that Virginia creditor deeds of trust vest legal title in the trustee while the beneficiary retains equitable title
  • finding that a creditor need not join land trust beneficiaries in an action to enforce its mechanic’s lien against land trust realty
  • holding a land beneficiary of a trust with real properly as the res is not a necessary party because the land beneficiary’s interest is in personalty
  • noting that beneficiary’s interest is in the personalty of the property
  • trustee in land trust holds both legal and equitable title

Source: CourtListener parenthetical corpus (CC0).

Judges: Lacy

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.