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Real Estate – Contract Rescission – Condo Purchase – Interstate Land Disclosure

Eight buyers into a Falls Church condo development who saw the condos they wanted to buy in 2005 lose 20 percent of their value in a market flooded with condos cannot get out of their purchase agreements, an Alexandria U.S. District Court says.
Bartley v. Merrifield Town Center LP (USDC-ED) (VLW 008-3-434) (19 pp.)