Lagerman v. Charter Communities, Inc.

By Judge James W. Haley, Jr.

For the purposes of this opinion, it is assumed that in late 1992 and early 1993, Bruce K. Lagerman (“Purchaser”) and Charter Communities, Inc. (“Seller”) entered into a contract1 for the sale of a lot and a residence to be constructed thereon. Long and Foster Real Estate, Inc., served as agent. The contract was subject to the Virginia Property Owner’s Association Act, Code § 55-508 et seq. The Purchaser made a $21,000.00 deposit.

A dispute arose during construction of the home. Purchaser claimed the Long and Foster agent made material representations concerning the…