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[+] More Security Issues - Shannon Blatt/VA (9 replies)
7/9/2005 10:47:23 AM (2616 views)

[+] E&O insurance continued... - Loretta Reed/MD (10 replies)
7/9/2005 10:18:53 AM (2540 views)

[+] Former employees disclosures - SHARON YAHRAES/ID (12 replies)
7/9/2005 2:30:28 AM (2761 views)

[+] Public Note of Thanks - Helene Gonzalez/GA (3 replies)
7/8/2005 10:23:42 PM (3498 views)

[+] abstracting in LA - Michael Frank/TX (1 reply)
7/8/2005 10:13:51 AM (2485 views)




[+] So, You Want To Out-Source Overseas??? - Jay Duncan/MO (2 replies)
7/7/2005 12:49:46 PM (3588 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (10 replies)
7/7/2005 10:27:44 AM (2711 views)

Abstractor Software... - Robert Franco/OH
7/6/2005 5:03:56 PM (2046 views)

Texas Courthouses - Lisa Ramsey/TX
7/2/2005 1:06:43 PM (2079 views)

Women in business resource - J Nisonger/CA
7/1/2005 11:55:16 AM (3068 views)

[-] Searcher Liability Question - Larry Crooks/OH (8 replies)
6/29/2005 4:02:29 PM (2643 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/29/2005 5:03:27 PM (3425 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 (3644 views)
Re: Searcher Liability Question - Lisa Ramsey/TX
6/29/2005 11:39:52 PM (3718 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 6:49:16 AM (3535 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/30/2005 8:41:48 AM (3777 views)
Re: Searcher Liability Question - Robert Franco/OH
6/30/2005 10:05:58 AM (3677 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 12:37:48 PM (3505 views)
Re: Searcher Liability Question - Regina Engebritson Engebritson/MN
8/10/2005 8:33:33 PM (3413 views)

[+] reporting tax status on searches - christine/MA (5 replies)
6/29/2005 9:02:48 AM (2627 views)

In Response to Robert's Thread of 6/24 - J.T. Shoemaker/NY
6/27/2005 9:16:08 AM (3220 views)

[+] Mr Davis and his claims - James "Lin" Toney/MS (7 replies)
6/26/2005 11:23:26 PM (2658 views)

[+] QUESTION FOR TECHIES - Scott Perry/PA (7 replies)
6/26/2005 10:21:53 PM (2493 views)


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