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Title company not liable where parcel and legal descriptions differed
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Court Report
Wednesday, March 14, 2012
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A California appellate court determined that a title company was not liable for damages where the agent recorded the deeds provided by the client and issued the insurance policy. In its role as escrow holder, the court said, the company had no duty to determine whether the property description was accurate. The owner of the property contended that had asked for two sections of a property to be transferred and insured, while the legal description on the deeds referred to only one section.
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