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Home / Opinion Digests / No breach regarding developer’s fees and improvements (access required)

No breach regarding developer’s fees and improvements (access required)

A real estate project owner did not breach a reciprocal easement agreement (REA) with a business that bought property within the project by adding common area repair and construction costs to monthly common area maintenance (CAM) fees. Facts RAMCO Virginia’s REA governed property rights within its commercial real estate project. When the REA was created, RAMCO’s sister ...