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BEEREN & BARRY INVESTMENTS, LLC v. AHC, INC.

Record No. 072354.

671 S.E.2d 147 (2009)

BEEREN & BARRY INVESTMENTS, LLC, et al. v. AHC, INC.

Supreme Court of Virginia.

January 16, 2009.

Attorney(s) appearing for the Case

Stephen K. Christenson, Fairfax; Matthew D. Cohen (Howard N. Bierman; Geesing & Ward on brief), for appellants.

Alan B. Sternstein (Ronald M. Cohen, Arlington, on brief), for appellee.

Present: All the Justices.

OPINION BY Justice BARBARA MILANO KEENAN.

In this appeal, we consider whether a purchase option contained in a deed of trust is a covenant that runs with the land.

In 1999, Julio and Lourdes Bustillos purchased from AHC, Inc. (AHC), formerly Arlington Housing Corporation, certain real property (the property) located in the Lomax Homes subdivision of Arlington County. AHC, a "non-profit" Virginia corporation, develops and manages housing units for persons with...

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