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Georgia appellate court determines date of loss under title policy
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Court Report
Thursday, July 14, 2016
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After realizing there were restrictions on the property it felt made the title defective, the successor lender filed a claim with its title insurer and foreclosed on the property. A trial court determined damages were to be calculated as of the date the predecessor closed on the loan. Both parties then appealed on various points. Read on for more details.
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