Mistaken lot identity leads to coverage dispute

A New Hampshire family was involved in a series of sales of property from one member to another. After the third sale, the lender sought to foreclose, but discovered the property conveyed was not the property intended, but a vacant lot. A quiet title suit emerged and the lender sought indemnification in the case. The title insurer denied the claim and the lender filed suit. Read on to find out how the U.S. District Court for the District of New Hampshire ruled when the title company filed a motion for judgment on the pleadings.