Breedlove v. Norwich Union Fire Ins. Soc.

Citations

• 6 Cal. Unrep. 94
• 54 P. 93
• 1898 Cal. LEXIS 1087

Syllabus

<p>Insurance—Interest of Insured.—The Purchaser of Mortgaged Property did not record her deed until after suit brought to foreclose the mortgage. Before expiration of time for redemption, an insurance policy was issued to her, which stated her interest in the premises as being her building, and provided that, unless her interest was not truly stated therein, it should be void, and that it was to be void if such interest was not unconditional and sole ownership. Held, that, in view of Civil Code, section 2888, which provides that a lien on property transfers no title, the policy correctly stated insured’s interest, her failure to record the conveyance only affecting her title as against a purchaser at the foreclosure sale, if there should be no redemption.</p>