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California judge details third-party beneficiary status
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Court Report
Monday, July 17, 2017
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A California homebuyer who was refinancing her home later found out her previous loan was not fully paid off at the time of her refinancing. In turn, she sued the title company for “purposely or negligently” failing to verify the proper payoff amount. The California district judge took a detailed look at whether the plaintiff was a third-party beneficiary to lender’s closing instruction in which she was not a party. Read on for the details and see which cases the court found controlling.
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