TITLE INSURANCE: Rehearing denied in convoluted title insurance case… Order. [Read more…]
Title insurance, “Pro Forma” commitments, subdivision
TITLE INSURANCE: Claims against title insurer’s agency properly rejected in convoluted case involving subdivision “lots,” proposed reconfigured divisions into “parcels” or “tracts” which never happened, and “Pro Forma” commitments with unmet requirements… Marks affirmed (other grounds). [Read more…]
Title insurance, notification of litigation
TITLE INSURANCE: Undisputed facts show Bank failed to provide proper notification of possible litigation over construction liens or provide sworn statement of losses, but declaratory judgment precluded by disputed extent of prejudice to title company… Watters. [Read more…]
$3 million settlement, termination of state leases
SETTLEMENT: $3 million, State’s termination of leases for office building that was never built, eve of trial. [Read more…]
Title insurance, preliminary commitment
TITLE INSURANCE: §33-25-214 search/examination requirements not applicable to preliminary title commitments, summary judgment for title companies on negligence per se… [Read more…]
STFA, indenture trustee, duty to call sale
STFA: Indenture trustee may delegate duty to call sale… Molloy affirmed (unpublished).
Summary judgment, title insurance fact issues
SUMMARY JUDGMENT: Title insurance contract disputed fact issues improperly resolved on summary judgment… Salvagni reversed.
Amerimont sought a title policy in the name of prospective buyer Monty [Read more…]