Allen Real Estate Co. v. Long

By Judge Thomas d. Horne

Allen Real Estate Company, Ltd., a licensed Virginia real estate broker, holds a portion of a deposit resulting from a real estate sales contract. It has filed the instant interpleader action in order that die Court may determine the rights of the parties in connection with competing claims to the fund. Va. Code Ann. § 8.01-364. The parties to the contract have settled the issue with respect to their interests in the deposit. Accordingly, the sellers, Richard W. and Edna M. O’Donnell Family Trust of 1991, have received 60% of the deposit, with interest, by prior decree…