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Real Estate

Implied Covenant Protects Defaulting Borrower (access required)

The Richmond U.S. District Court denies lenders’ motion to dismiss borrower’s complaint alleging breach of contract, equitable estoppel and constructive fraud in connection with the foreclosure sale of his home; the court says borrower stated a claim as to breach ...

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Slander of Title Claim Barred After Two Years (access required)

In this first-impression case, a Fairfax Circuit Court applies a two-year statute of limitations to a claim for slander of title and dismisses as time-barred a woman’s claim against Wells Fargo based on her husband’s alleged forgery of her signature ...

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No Contract from Lender’s Letter, Phone Call (access required)

Although plaintiff alleges defendant promised in a letter not to accelerate a note on plaintiff’s property until after a certain date, and in a telephone conversation not to foreclose if plaintiff applied for a short sale, the Hanover Circuit Court ...

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