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Title insurer seeks indemnity for lien issues
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Court Report
Wednesday, April 20, 2016
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In order to complete a sale and provide the buyer with title insurance, the seller of property in Wheeling, Ill., agreed to indemnify the title insurer for providing coverage to the buyer against a mechanic’s lien on the property. After addressing the mechanic’s lien issue for its insured, the title insurer went back to the seller to compensate it for its losses. The seller refused and the title insurer filed suit. Read on for more details.
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