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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 (3418 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (10 replies)
7/7/2005 10:27:44 AM (2574 views)

Abstractor Software... - Robert Franco/OH
7/6/2005 5:03:56 PM (1944 views)

Texas Courthouses - Lisa Ramsey/TX
7/2/2005 1:06:43 PM (1977 views)

Women in business resource - J Nisonger/CA
7/1/2005 11:55:16 AM (2943 views)


Real Title Services


[-] Searcher Liability Question - Larry Crooks/OH (8 replies)
6/29/2005 4:02:29 PM (2475 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/29/2005 5:03:27 PM (2960 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 (3030 views)
Re: Searcher Liability Question - Lisa Ramsey/TX
6/29/2005 11:39:52 PM (3141 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 6:49:16 AM (3072 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/30/2005 8:41:48 AM (3364 views)
Re: Searcher Liability Question - Robert Franco/OH
6/30/2005 10:05:58 AM (3211 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 12:37:48 PM (3035 views)
Re: Searcher Liability Question - Regina Engebritson Engebritson/MN
8/10/2005 8:33:33 PM (2979 views)

[+] reporting tax status on searches - christine/MA (5 replies)
6/29/2005 9:02:48 AM (2460 views)

In Response to Robert's Thread of 6/24 - J.T. Shoemaker/NY
6/27/2005 9:16:08 AM (3048 views)

[+] Mr Davis and his claims - James "Lin" Toney/MS (7 replies)
6/26/2005 11:23:26 PM (2475 views)

[+] QUESTION FOR TECHIES - Scott Perry/PA (7 replies)
6/26/2005 10:21:53 PM (2324 views)

[+] Non-payment for services rendered - Serena Stout/VA (3 replies)
6/24/2005 12:08:53 PM (2780 views)

[+] The worst invention ever! - Robert Franco/OH (9 replies)
6/24/2005 9:32:21 AM (2631 views)

Sorry.... - Jason Sheppard/PA
6/23/2005 5:33:58 PM (1926 views)

[+] TO ALL LENDING INSTITUTIONS ETC - Lisa Ramsey/TX (16 replies)
6/23/2005 10:36:17 AM (3626 views)

[+] Wouldn't Uniformity Be Cool? - Patrick Scott/IL (19 replies)
6/22/2005 6:10:51 PM (2517 views)


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