What is the name of your state?California
Title insurance included physical access unknowing that actual access did not exist. Access has been through a private property for over 27 years. The private property now has a new owner. New owner has blocked access and the title company has tried to reconcile via negotiations but to no avail. The title company is taking this to court.
If the new owner negotiates at the last minute, can the title company accept any offer and terms without consulting insures? Is there a link to bad faith if the title company agrees to something that the title holders do not agree with? How can we get the title company to work in our best interest?
P.S. this involves 17 land/home owners, 6 of them having easement rights within newer policies.
I appreciate your time and knowledge
Title insurance included physical access unknowing that actual access did not exist. Access has been through a private property for over 27 years. The private property now has a new owner. New owner has blocked access and the title company has tried to reconcile via negotiations but to no avail. The title company is taking this to court.
If the new owner negotiates at the last minute, can the title company accept any offer and terms without consulting insures? Is there a link to bad faith if the title company agrees to something that the title holders do not agree with? How can we get the title company to work in our best interest?
P.S. this involves 17 land/home owners, 6 of them having easement rights within newer policies.
I appreciate your time and knowledge