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Developer’s ‘intent’ not enough for exemption from statute (access required)

Although a developer intended to sell half the lots in a luxury development to builders, that intent is not enough to free the developer from statutory disclosure requirements meant to protect residential buyers. An Alexandria federal judge denied summary judgment to the developer in Nahigian v. Juno-Loudoun LLC (VLW 010-3-159), and allowed the buyers to pursue ...

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