Summary: The purchaser of real estate has a duty to examine the public record and is chargeable with notice of whatever is shown by the record, even if the matter was not...
Title Insurance

... An installment contract is an alternative to traditional mortgage financing where the buyer pays the sales price to the seller in installments over time. Instead of a deed and mortgage, the buyer... Summary: Title companies can have liability for negligent misrepresentation to buyers who relied on the commitment despite not having been named a proposed insured.... ![]()
HOLD HARMLESS LETTERS In the title industry, a hold... In Chicago Title Ins. Co. v. Bass, 2015 IL App (1st) 140948, the First District Appellate Court held that in an action for breach of warranty deed, the purchaser must prove that the... Pages |