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State court of last resort · ST-VA-SC
Chesapeake Builders Inc. v. Lee
No. 961778Supreme Court of Virginia
961778 Chesapeake Builders Inc. v. Lee 09/12/1997 Since the record supports the finding that the landowners in a sales transaction did not act in bad faith, the buyer was not entitled to contract damages for i…
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961778 Chesapeake Builders Inc. v. Lee 09/12/1997 Since the record supports the finding that the landowners in a sales transactio…
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- Supreme Court of Virginia
- First added here
- October 4, 2026
- Last entry
- September 12, 1997
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961778 Chesapeake Builders Inc. v. Lee 09/12/1997 Since the record supports the finding that the landowners in a sales transaction did not act in bad faith, the buyer was not entitled to contract damages for its alleged loss of bargain. The chancellor correctly sustained the commissioner's refusal to set an abatement which would have deprived the landowners of more than two-thirds the fair market value of their lot. Final judgment is entered in favor of the buyer for specific performance of the contract.
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