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Policy holder seeks coverage for losses after HOA sale
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Court Report
Monday, December 12, 2022
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After a homeower’s association (HOA)sold a property at a trustee’s sale after a borrower failed to pay an HOA assessment, the holder of the deed on the property submitted a claim under its title policy. The title insurer denied the claim and the holder of the deed filed suit. After the court granted the title insurer’s motion to dismiss, the holder of the deed moved for reconsideration.
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