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[+] abstracting in LA - Michael Frank/TX (1 reply)
7/8/2005 10:13:51 AM (2211 views)

[+] So, You Want To Out-Source Overseas??? - Jay Duncan/MO (2 replies)
7/7/2005 12:49:46 PM (3249 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (10 replies)
7/7/2005 10:27:44 AM (2477 views)

Abstractor Software... - Robert Franco/OH
7/6/2005 5:03:56 PM (1845 views)

Texas Courthouses - Lisa Ramsey/TX
7/2/2005 1:06:43 PM (1872 views)




Women in business resource - J Nisonger/CA
7/1/2005 11:55:16 AM (2790 views)

[-] Searcher Liability Question - Larry Crooks/OH (8 replies)
6/29/2005 4:02:29 PM (2350 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/29/2005 5:03:27 PM (2618 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 (2678 views)
Re: Searcher Liability Question - Lisa Ramsey/TX
6/29/2005 11:39:52 PM (2754 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 6:49:16 AM (2718 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/30/2005 8:41:48 AM (2956 views)
Re: Searcher Liability Question - Robert Franco/OH
6/30/2005 10:05:58 AM (2793 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 12:37:48 PM (2668 views)
Re: Searcher Liability Question - Regina Engebritson Engebritson/MN
8/10/2005 8:33:33 PM (2604 views)

[+] reporting tax status on searches - christine/MA (5 replies)
6/29/2005 9:02:48 AM (2306 views)

In Response to Robert's Thread of 6/24 - J.T. Shoemaker/NY
6/27/2005 9:16:08 AM (2888 views)

[+] Mr Davis and his claims - James "Lin" Toney/MS (7 replies)
6/26/2005 11:23:26 PM (2358 views)

[+] QUESTION FOR TECHIES - Scott Perry/PA (7 replies)
6/26/2005 10:21:53 PM (2195 views)

[+] Non-payment for services rendered - Serena Stout/VA (3 replies)
6/24/2005 12:08:53 PM (2630 views)

[+] The worst invention ever! - Robert Franco/OH (9 replies)
6/24/2005 9:32:21 AM (2514 views)

Sorry.... - Jason Sheppard/PA
6/23/2005 5:33:58 PM (1820 views)

[+] TO ALL LENDING INSTITUTIONS ETC - Lisa Ramsey/TX (16 replies)
6/23/2005 10:36:17 AM (3474 views)


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