TITLE INSURANCE UPDATE Arbitration: an insured is required to arbitrate its claims against title insurers when the claims relate to coverage under the title insurance policy and amount of insurance was under $2,000,000 as mandated by arbitration provision in policy – Perdue Properties, LLC v. USA, No. 15-CV-47 (DCB) (MTP) (S.D. Miss. May 16, 2016) (Memorandum Opinion compelling arbitration and dismissing third-party claims against title insurers)
Category Archives: Title Insurance Issues
Real Property & Title Insurance Update: | Carlton Fields – JDSupra
Coverage: title insurer did not breach policy when insured sought defense and indemnity based upon quiet title action insured initiated to assert ownership over lot that was not included in description of property insured under policy – Krajewski v. Fidelity Nat’l Ins. Co., No. 1350 EDA 2015 (Pa. Super. Ct. May 11, 2016) (memorandum opinion affirming summary judgment in favor of title insurer)
Court Rejects New Jersey Municipality’s Attempt to Unilaterally Extend Affordable Deed Restrictions on Condominium Units – Lexology
In a recent opinion, Society Hill at Piscataway Condo. Ass’n v. Township of Piscataway, Middlesex County Superior Court Judge Douglas Wolfson ruled…