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FRANTZ v. CBI FAIRMAC CORP.

Record No. 820918.

331 S.E.2d 390 (1985)

David J. FRANTZ, et al. v. CBI FAIRMAC CORPORATION.

Supreme Court of Virginia.

June 14, 1985.

Attorney(s) appearing for the Case

Jeffrey W. Knapp, Alexandria, (David J. Frantz, Alexandria, on brief), for appellants.

Stephen S. Mitchell, Alexandria (John D. Schmidtlein; McKinley, Schmidtlein & Mitchell, Alexandria, on brief), for appellee.

Present: All the Justices.

CARRICO, Chief Justice.

At issue in this appeal is the authority of a condominium unit owners' association to compromise, over the objection of individual unit owners, a claim against the condominium developer. The condominium involved is Fairlington Villages, consisting of 1,703 units, located partly in the City of Alexandria and partly in the County of Arlington.

On June 22, 1979, the Unit Owners Association of...

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