user_68niou1
Junior Member
YOUR STATE NAME - Idaho
Well, the title company screwed up and left out the easement to our neighbors property from our title disclosure (see earlier thread) and we are going to seek the services of an attourney. Will the title insurance pay for legal fees? Our title insurance policy states its value at the appraised value of our property, but I forsee that our liability may extend far beyond that once legal fees and everything is considered. Are we up that proverbial creek without said paddle or is it possible that a case could be made that the title company is liable for more than the value of the policy (possibly up to the asking price of our neighbors land)?
Well, the title company screwed up and left out the easement to our neighbors property from our title disclosure (see earlier thread) and we are going to seek the services of an attourney. Will the title insurance pay for legal fees? Our title insurance policy states its value at the appraised value of our property, but I forsee that our liability may extend far beyond that once legal fees and everything is considered. Are we up that proverbial creek without said paddle or is it possible that a case could be made that the title company is liable for more than the value of the policy (possibly up to the asking price of our neighbors land)?