Title Reporter Published in Real Estate Finance Journal

Michael Heller’s, Matthew Spero’s and Lawrence Han’s Winter issue of the Title Reporter was published in the Real Estate Finance Journal.

This article discusses the following court rulings and other title insurance-related developments, among others:

• The U.S. Court of Appeals for the Eleventh Circuit, affirming a decision by the U.S. District Court for the Northern District of Florida, has ruled that Standard Exclusion 3(a) of a title insurance policy precluded coverage of fees and costs the insured incurred in defending a breach of contract lawsuit.
• An appellate court in New York, reversing a trial court’s decision, has dismissed third-party causes of action for fraudulent concealment and prima facie tort asserted against an agent for a title insurance company, finding that the third-party plaintiff’s allegations were insufficient to support its claims.
• An appellate court in New York, affirming a trial court’s decision, has rejected a plaintiff’s contention that he was the rightful owner of a farm in Saratoga County, New York, based on a drafting error in a deed prepared in 1984.

Read the full column here.