Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] ...and in the "Dumb Question Department"... - Scott Perry/PA (10 replies)
7/11/2005 6:11:00 PM (2685 views)

Accusigning - Kevin Ahern/CT
7/11/2005 5:58:21 PM (2619 views)

[+] QuickClose - Robert Franco/OH (5 replies)
7/11/2005 1:35:12 PM (3718 views)

[+] A funny thing happened.... - SHARON YAHRAES/ID (2 replies)
7/10/2005 1:34:04 PM (2619 views)

[+] More Security Issues - Shannon Blatt/VA (9 replies)
7/9/2005 10:47:23 AM (2652 views)




[+] E&O insurance continued... - Loretta Reed/MD (10 replies)
7/9/2005 10:18:53 AM (2574 views)

[+] Former employees disclosures - SHARON YAHRAES/ID (12 replies)
7/9/2005 2:30:28 AM (2792 views)

[+] Public Note of Thanks - Helene Gonzalez/GA (3 replies)
7/8/2005 10:23:42 PM (3530 views)

[+] abstracting in LA - Michael Frank/TX (1 reply)
7/8/2005 10:13:51 AM (2521 views)

[+] So, You Want To Out-Source Overseas??? - Jay Duncan/MO (2 replies)
7/7/2005 12:49:46 PM (3629 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (10 replies)
7/7/2005 10:27:44 AM (2743 views)

Abstractor Software... - Robert Franco/OH
7/6/2005 5:03:56 PM (2078 views)

Texas Courthouses - Lisa Ramsey/TX
7/2/2005 1:06:43 PM (2102 views)

Women in business resource - J Nisonger/CA
7/1/2005 11:55:16 AM (3104 views)

[-] Searcher Liability Question - Larry Crooks/OH (8 replies)
6/29/2005 4:02:29 PM (2670 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/29/2005 5:03:27 PM (3578 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.

to post a reply: login - or - register


Re: Searcher Liability Question - Robert Franco/OH
6/29/2005 7:17:46 PM (3809 views)
Re: Searcher Liability Question - Lisa Ramsey/TX
6/29/2005 11:39:52 PM (3867 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 6:49:16 AM (3687 views)
Re: Searcher Liability Question - Kevin Ahern/CT
6/30/2005 8:41:48 AM (3928 views)
Re: Searcher Liability Question - Robert Franco/OH
6/30/2005 10:05:58 AM (3822 views)
Re: Searcher Liability Question - Larry Crooks/OH
6/30/2005 12:37:48 PM (3699 views)
Re: Searcher Liability Question - Regina Engebritson Engebritson/MN
8/10/2005 8:33:33 PM (3542 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8975 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

ATTENTION CIOs, CTOs, VENDOR MANAGERS, AND SUPPLIER MANAGERS
Will Duncan 's Blog
2026/06/15
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

MISMO to Launch FRAME Interactive Workshop, Put AI Governance into Practice
"Everyone is trying to figure out how to use AI effectively, but just as importantly, how to do it responsibly," said MI...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Following last week’s spike in oil prices, mortgage rates moved higher, with the 30-year fixed rate increas...
Foreign Buyers Purchased $45.3 Billion Worth of U.S. Homes from April '25 to March '26
“The decline in foreign home buyer activity mirrors the decline in international visitors and tourists to the Unit...
Second Century Ventures Announces 8 Companies for 2026 REACH Commercial Scale-Up Program
Second Century Ventures, the strategic investment arm of the National Association of REALTORS® and the most active ...
New Home Sales Edge Higher as Affordability Challenges Persist
“New home sales are gaining some momentum at the more affordable range of the market, with homes priced below $300...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.