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VIRGINIA REAL ESTATE BD. v. CLAY

Record No. 0837-88-3.

384 S.E.2d 622 (1989)

VIRGINIA REAL ESTATE BOARD v. Lowell D. CLAY.

Court of Appeals of Virginia.

September 26, 1989.

Attorney(s) appearing for the Case

Richard B. Zorn, Sr. Asst. Atty. Gen. (Mary Sue Terry, Atty. Gen., on brief), for appellant.

Alan D. Groseclose, Pulaski, for appellee.

Present: BENTON, COLEMAN and DUFF, JJ.

COLEMAN, Judge.

The Virginia Real Estate Board (Board), pursuant to its disciplinary regulation 8.2(36),1 suspended ("inoperative") for one year the real estate broker's license of Lowell D. Clay and fined him $1,000 for withholding from a prospective purchaser the fact that an oil and gas lease encumbered his fifty-two acres of Pulaski County mountain land. Clay appealed the administrative ruling to the Circuit Court of Pulaski County...

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