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Discussion
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[+] So, You Want To Out-Source Overseas??? - Jay Duncan/MO (2 replies)
7/7/2005 12:49:46 PM (3382 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (10 replies)
7/7/2005 10:27:44 AM (2559 views)

Abstractor Software... - Robert Franco/OH
7/6/2005 5:03:56 PM (1936 views)

Texas Courthouses - Lisa Ramsey/TX
7/2/2005 1:06:43 PM (1959 views)

Women in business resource - J Nisonger/CA
7/1/2005 11:55:16 AM (2928 views)


Real Title Services


[-] Searcher Liability Question - Larry Crooks/OH (8 replies)
6/29/2005 4:02:29 PM (2462 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/29/2005 5:03:27 PM (2932 views)

It is not a matter of how much you think you should pay, but rather a matter of how much your client was actually required to pay as a result of the lien or mortgage that was not included in the abstract.

If you were hired to perform a search which should have disclosed all liens and mortgages within the scope of the search, you could be sued for negligence or contract breach for failing to include the lien or mortgage within the abstract. If your contract with your client provided for your client's recovery of attorney's fees, you could be held liable for these expenses also.

Therefore, make certain that you carry enough e&o insurance to cover the claim.Also review your policy to see if your attorney's fees are deducted from it, and thereby potentially reduce the amount of funds available to pay the claim if you lose. You are personally liable for anything in excess of the limits of your policy

Also make certain that you are organized and operating your business as a corporation or LLC to further limit your liability.

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Re: Searcher Liability Question - Robert Franco/OH
6/29/2005 7:17:46 PM (2998 views)
Re: Searcher Liability Question - Lisa Ramsey/TX
6/29/2005 11:39:52 PM (3109 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 6:49:16 AM (3037 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/30/2005 8:41:48 AM (3328 views)
Re: Searcher Liability Question - Robert Franco/OH
6/30/2005 10:05:58 AM (3172 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 12:37:48 PM (3004 views)
Re: Searcher Liability Question - Regina Engebritson Engebritson/MN
8/10/2005 8:33:33 PM (2949 views)

[+] reporting tax status on searches - christine/MA (5 replies)
6/29/2005 9:02:48 AM (2440 views)

In Response to Robert's Thread of 6/24 - J.T. Shoemaker/NY
6/27/2005 9:16:08 AM (3025 views)

[+] Mr Davis and his claims - James "Lin" Toney/MS (7 replies)
6/26/2005 11:23:26 PM (2462 views)

[+] QUESTION FOR TECHIES - Scott Perry/PA (7 replies)
6/26/2005 10:21:53 PM (2305 views)

[+] Non-payment for services rendered - Serena Stout/VA (3 replies)
6/24/2005 12:08:53 PM (2765 views)

[+] The worst invention ever! - Robert Franco/OH (9 replies)
6/24/2005 9:32:21 AM (2617 views)

Sorry.... - Jason Sheppard/PA
6/23/2005 5:33:58 PM (1913 views)

[+] TO ALL LENDING INSTITUTIONS ETC - Lisa Ramsey/TX (16 replies)
6/23/2005 10:36:17 AM (3606 views)

[+] Wouldn't Uniformity Be Cool? - Patrick Scott/IL (19 replies)
6/22/2005 6:10:51 PM (2486 views)


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