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Developer disputes indemnity of mechanic’s lien foreclosure
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Court Report
Thursday, August 20, 2015
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When issuing lender’s title insurance on a construction loan for property in Palm Springs, Calif., the title insurer requested the developer/borrower to indemnify it against mechanic’s liens placed on the property. Later, the developer refused to indemnify mechanic’s lien foreclosure actions the insurer was defending on the lender’s behalf. Read on to find out what happened when the title insurer sued the developer for express indemnity and breach of contract.
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