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Owner seeks coverage for plat revision
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Court Report
Monday, March 8, 2021
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After purchasing property in Mesa, Ariz., a company began working on subdividing and selling separate lots for development. It entered into an agreement for another developer to purchase numerous lots and discovered under the plat, the lots were to be leased for use as residential dwellings, not sold individually. As it was working to revise the plat, it sought coverage from its title insurer, who denied coverage. Read on for more information on the lawsuit that followed.
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