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RIVER PL. N. HOUSING v. AMER. LANDMARK EQU.

Record No. 941963.

462 S.E.2d 72 (1995)

RIVER PLACE NORTH HOUSING CORPORATION v. AMERICAN LANDMARK EQUITY CORP.

Supreme Court of Virginia.

September 15, 1995.

Attorney(s) appearing for the Case

Mary M. Jolma Benzinger, Arlington, for appellant.

Christopher C. Nolan, McLean (Adams, Porter & Radigan, on brief), for appellee.

Present: CARRICO, C.J., and COMPTON, STEPHENSON, WHITING, LACY, HASSELL and KEENAN, JJ.

COMPTON, Justice.

In this case, we are dealing with a cooperative, a multi-dwelling complex. Under the Virginia Real Estate Cooperative Act, Code §§ 55-424 through -506, a "cooperative" is "real estate owned by an association, each of the members of which is entitled, by virtue of his ownership interest in the association, to exclusive possession of a unit." Code § 55-426. A "cooperative interest" is "an ownership...

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