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Abstractor Software... - Robert Franco/OH
7/6/2005 5:03:56 PM (1926 views)

Texas Courthouses - Lisa Ramsey/TX
7/2/2005 1:06:43 PM (1947 views)

Women in business resource - J Nisonger/CA
7/1/2005 11:55:16 AM (2920 views)

[-] Searcher Liability Question - Larry Crooks/OH (8 replies)
6/29/2005 4:02:29 PM (2454 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/29/2005 5:03:27 PM (2903 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 (2967 views)
Re: Searcher Liability Question - Lisa Ramsey/TX
6/29/2005 11:39:52 PM (3083 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 6:49:16 AM (3003 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/30/2005 8:41:48 AM (3291 views)
Re: Searcher Liability Question - Robert Franco/OH
6/30/2005 10:05:58 AM (3135 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 12:37:48 PM (2968 views)
Re: Searcher Liability Question - Regina Engebritson Engebritson/MN
8/10/2005 8:33:33 PM (2921 views)

[+] reporting tax status on searches - christine/MA (5 replies)
6/29/2005 9:02:48 AM (2431 views)


Real Title Services


In Response to Robert's Thread of 6/24 - J.T. Shoemaker/NY
6/27/2005 9:16:08 AM (3010 views)

[+] Mr Davis and his claims - James "Lin" Toney/MS (7 replies)
6/26/2005 11:23:26 PM (2456 views)

[+] QUESTION FOR TECHIES - Scott Perry/PA (7 replies)
6/26/2005 10:21:53 PM (2300 views)

[+] Non-payment for services rendered - Serena Stout/VA (3 replies)
6/24/2005 12:08:53 PM (2758 views)

[+] The worst invention ever! - Robert Franco/OH (9 replies)
6/24/2005 9:32:21 AM (2613 views)

Sorry.... - Jason Sheppard/PA
6/23/2005 5:33:58 PM (1907 views)

[+] TO ALL LENDING INSTITUTIONS ETC - Lisa Ramsey/TX (16 replies)
6/23/2005 10:36:17 AM (3597 views)

[+] Wouldn't Uniformity Be Cool? - Patrick Scott/IL (19 replies)
6/22/2005 6:10:51 PM (2481 views)

[+] 2005 Independent Abstractor Report - Jarrod Clabaugh/OH (2 replies)
6/21/2005 4:49:24 PM (2567 views)

[+] VENDOR MANAGERS SPEAK UP - Michael Frank/TX (7 replies)
6/20/2005 7:21:18 PM (2607 views)


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