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VA. BEACH B. OF RLTRS. v. GOODMAN SEGAR HOGAN

Record No. 801430.

299 S.E.2d 360 (1983)

VIRGINIA BEACH BOARD OF REALTORS, INCORPORATED, et al. v. GOODMAN SEGAR HOGAN, INC.

Supreme Court of Virginia.

January 21, 1983.

Attorney(s) appearing for the Case

Joseph L. Lyle, Jr., Virginia Beach (Pickett, Spain & Lyle, P.C., Virginia Beach, on briefs), for appellants.

Charles R. Waters, II, Norfolk (Kaufman & Oberndorfer, Norfolk, on brief), for appellee.

Before CARRICO, C.J., and COCHRAN, POFF, COMPTON, THOMPSON, STEPHENSON and RUSSELL, JJ.

THOMPSON, Justice.

The question presented for our decision is whether an arbitration award, signed by the chairman of the arbitration panel, but not by the other panel members, is valid.

The facts are undisputed. A disagreement over the split of a real estate commission resulting from the sale of commercial property in Virginia Beach arose between Thomas C. Kyrus & Associates Realty, Inc. (Kyrus), a member of the Virginia Beach Board of Realtors, Inc....

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