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<p>I'm not sure title (as opposed to escrow) even sees the P&S
agreement. Escrow may just send title the names of the buyers so
that the commitment can be updated. But you raise an interesting
point. I had a transaction where the title company legal and
P&S legal didn't match, and it was the escrow that notified me
of the possible issue. (It turned out it the P&S was
correct.) The title report itself didn't mention the possible
error, which would suggest they don't see the P&S agreement.
So my question would be is there a duty for an escrow to check the
legal and notify the parties of any discrepancies?<br>
</p>
<pre class="moz-signature" cols="72">Kary L. Krismer
206 723-2148</pre>
<div class="moz-cite-prefix">On 7/28/2021 10:42 AM, Samuel M. Meyler
wrote:<br>
</div>
<blockquote type="cite"
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<p class="MsoNormal">Listmates,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Is there any possible claim against the
title insurer in the following scenario? Condo is listed and
marketed on the MLS as having two specific, numbered parking
spaces. The Purchase and Sale Agreement states that the condo
is assigned the two specific parking spaces. Title company
receives these materials for their file as usual. An
Amendment to the Declaration indicates that the condo is only
assigned one or the two parking spaces. The title policy that
is issued is a standard Homeowner’s Policy and excludes
coverage for provisions in the Amendment. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">On the day after closing, title agent
acknowledges in writing that they were aware that PSA and the
listing indicated that there were two parking spots even
though they issued a policy that contradicts those details.
Title insurer denies coverage based on the exclusions. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Did the title agent/insurer have a duty to
bring the discrepancy to the Buyer’s attention rather than
simply issuing a policy that contradicted the transaction
documents? <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Sam <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">Samuel
M. Meyler</span></b><o:p></o:p></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">Meyler
Legal, PLLC </span></b><o:p></o:p></p>
<p class="MsoNormal"><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">1700
Westlake Ave. N., Ste. 200<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">Seattle,
Washington 98109</span><o:p></o:p></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">Tel:</span></b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">
206.876.7770<o:p></o:p></span></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">Fax:</span></b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">
206.876.7771<o:p></o:p></span></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">Email:</span></b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue"> </span><a
href="mailto:samuel@meylerlegal.com" moz-do-not-send="true"><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">samuel@meylerlegal.com</span></a><o:p></o:p></p>
<p class="MsoNormal"><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue"> </span><o:p></o:p></p>
<p class="MsoNormal"><b><span
style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">NOTICE:</span></b><o:p></o:p></p>
<p class="MsoNormal"><span
style="font-size:8.0pt;font-family:"Arial",sans-serif;color:blue"> </span><o:p></o:p></p>
<p class="MsoNormal"><span
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electronic message contains information which may be
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<p class="MsoNormal"><o:p> </o:p></p>
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