Posts Tagged ‘title insurance policy’
Judgment Lien Against Principal Residence Prohibited
Question: We are in escrow to sell our Gilbert home. When our daughter went to UCLA four years ago, we guaranteed payment of her credit card. Although our daughter is doing fine now, she dropped out of UCLA and never paid the balance on her credit card. We were sued as the guarantors of her…
Read MoreNo Title Insurance Coverage Generally If Home Is In Floodplain
Question: We purchased a home on a five-acre lot near Payson. Two months after we moved into the home there was an overflow of the nearby creek which flooded our entire backyard. Apparently 25% of our five-acre lot is in the Town of Payson’s flood plain. We immediately reviewed our title insurance policy to see…
Read MoreTitle Insurance Firm Should Mount Defense in Deed Dispute
Question: We received a title insurance policy when we purchased our home in Sun City six months ago. Last week we were served with a lawsuit by the seller of our home that alleges that he never knew of the sale of our home, and that the deed to our home was a forgery. …
Read More