1998
Lynch v. Commonwealth Transp. Comm’r
Supreme Court of Virginia
255 Va. 227, 495 S.E.2d 247
Commissioner planned to take 9.270 acres and valued the take at $1,016,755. Lienholder held a deed of trust on the entire 75 acres in the amount of $3,500,000. Commissioner deposited the money with the clerk of the circuit court and landowner secured court order releasing the $1,016,755, which he then gave to the lienholder in partial satisfaction of the lien. The valuation trial arrived at an award of $451,000, and trial court held that landowner was to refund the excess of the deposited money to the Commissioner in the amount of $565,755. Landowner averred that lienholder should be responsible for refund, as it received all the deposit. Supreme Court affirmed. Landowner was not a conduit for the money to the lienholder, he was the payee of the deposit check. As he was the person paid, the statutory obligation to refund a surplus was his.
For the prior circuit court opinion which reached the same conclusion, see Commonwealth Transp. Comm’r v. Lynch, 39 Va. Cir. 124 (1996).
Summary prepared by Judge Jonathan Apgar, 23rd Judicial Circuit in Virginia, for the William & Mary Property Rights Project, Marshall-Wythe School of Law, William & Mary ©2019.
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