· 3/12/2015
BB Syndication Services, Incor v. First American Title Insuranc
Citations
- 780 F.3d 825
- 2015 U.S. App. LEXIS 3956
- 2015 WL 1064156
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that “[m]any states give unpaid contractors a mechanic’s lien that is superior to all other security interests”
- observing that unlike most other insurance, title insurance “generally protects against defects in title that arose prior to the issuance of a policy, allowing the insurer to reduce or eliminate risk by conducting a careful title search to identify defects”
- “Title insurance is retrospective; it protects the insured from defects in title that arose prior to the effective date of the policy.”
- “title insurance differs from other forms of property and liability insurance in that it only covers losses from defects in title and lien priority (and similar title-related risks), usually requires only a one-time premium, and lasts for as long as the insured holds title”
Source: CourtListener parenthetical corpus (CC0).
Judges: Flaum, Sykes, Wood
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.