Blue Ridge Bank and Trust Co. v. Trosen

JOSEPH M. ELLIS, Judge.

Randy and Nancy Hanson appeal from a judgment entered in the Circuit Court of Jackson County in an interpleader action originally filed by Blue Ridge Bank and Trust (“the Bank”) related to a piece of real property located on Lake Lotawana in Jackson County. The Hansons contend that the trial court improperly found that their preemptive right to purchase the property had been waived. They also challenge the trial court’s conclusion that the restrictive covenant created an unreasonable restraint on the alienation of the property. For the following reasons, the judgment is…