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RYLAND GROUP, INC. v. WILLS

Record No. 820870.

331 S.E.2d 399 (1985)

The RYLAND GROUP, INC. v. P. Reed WILLS, Trustee, etc., et al.

Supreme Court of Virginia.

June 14, 1985.

Attorney(s) appearing for the Case

John P. Ellis, Arlington (Thomas Q. Sullivan, Schwartz & Ellis, Ltd., Arlington, on briefs), for appellants.

Joseph E. Bankert, Alexandria, R. Mark Dare, Fairfax (John P. Rowley, III, Fairfax, Brock & Bankert, Alexandria, Hazel, Beckhorn & Hanes, Fairfax, on briefs), for appellees.

Present: All the Justices.

COCHRAN, Justice.

The question for determination in this appeal is whether the contract giving rise to the litigation violated the rule against perpetuities and therefore was void.

The Ryland Group, Inc. (Ryland), filed a motion for judgment in the trial court against P. Reed Wills as trustee, P. Reed Wills and Joanne T. Wills individually, and Wills Investment, Inc. (collectively, the Wills), and Capital Homes, Inc. (Capital). Ryland alleged, in three counts...

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