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· 6/9/1989

Lake of the Woods Ass'n, Inc. v. McHugh

Citations

  • 380 S.E.2d 872
  • 238 Va. 1
  • 5 Va. Law Rep. 2689
  • 1989 Va. LEXIS 124

How courts have described this case

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

  • recognizing a policy of “favoring certainty and stability” in property rights
  • “the right of first refusal only becomes operative if and when the owner decides to sell”
  • \the right of first refusal only becomes operative if and when the owner decides to sell\
  • “ ‘[a]s rights of first refusal are interests in property, the great majority of American jurisdictions have applied the Rule Against Perpetuities to such rights’ ”

Source: CourtListener parenthetical corpus (CC0).

Judges: Carrico

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.