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The Court of Appeals for Arizona, Division 1, recently held that
in the title insurance context, when an insurer agrees to defend
its insured against a third party but reserves the right to
challenge coverage, the insured may independently settle with the
third-party claimant without violating the insured s duty of
cooperation under the insurance contract.
Fid. Nat l
Title Ins. Co. v. Osborn III Partners LLC, 483 P.3d 237
(Ariz. Ct. App. 2021). In 2006, a Mortgagee loaned a developer
$41.4 million to fund the construction of a condominium complex,
that s the thing if you re not buying from a bank. if you do get your heart set on a bank owned property and you re just not sure about what the risk to you is, is get the name of the bank that owns the property and the address to your title insurer as early as possible trains action. what you want to do is make sure you can get a title insurance policy before you start shelling out a whole lot of money for inschecktions and appraisals. if you re currently in contract on one of the homes affected by the freeze you ve been notified that your sale will be suspended and escrow will be pushed out. thanks very much with those consumer tips there because this is a crazy time right now in the housing market, particularly if you re pabuying a bank owned property. what member of congress once operate ad 30 subway restaurants. the answer is louisiana congressman john fleming. he ran 30 subway shops as a