Harrison & Bates, Inc. v. Featherstone Associates Ltd. Partnership

In this appeal, we consider whether the Commercial Real Estate Broker’s Lien Act, Code §§ 55-526 aind 55-527 (the Broker’s Lien Act), permits a commercial real estate broker to record and enforce a lien against rents on property after the property has been transferred to a subsequent purchaser.

BACKGROUND

The parties stipulated the facts in the trial court. We summarize the chronology of events and commercial transactions that form the framework of the parties’ differing assertions on appeal. In 1988, Featherstone Associates (Featherstone/Virginia), a Virginia general partnership, owned…