TitleSearch.com has a great blog post on the errors that can come from using short cuts to ensure a title is free and clear.
Three cases are cited:
“a title examiner at Guaranty Title, performed a title search of the Property (the “Second Search”) using the Orbit search engine. Id.at 8:3-9:10. Edgeton’s title search did not reveal the federal tax lien, nor did it reveal the four judgments and the state tax lien found by West Title.” Link to case
“Columbia failed to report the earlier sale to Dr. Khan in the commitment or the policy. Cambridge and Columbia in performing the title search and failing to discover and report the Khan deed,” Link to case
“The land was burdened with an easement that was publicly recorded but was not indicated on numerous versions of a title commitment issued by Chicago Title Insurance Company” Link to case
Contact InsureTitleAgents.com today to ensure your errors and omissions coverage is competitiveness priced and covers emerging risks.