Title Insurance & Surveys II – 1.5 Contact Hours
The subject of this edition is the relationship between Title Insurance and Surveys, and the case we are studying is Commonwealth Land Title v. Hart, Washington Court of Appeals 2004. In this case the surveyor, Hart, performed an inaccurate survey that the title company, Commonwealth, relied upon when issuing an Owner’s Policy of Title Insurances with extended coverage for survey matters (i.e., “survey coverage”), to the Woods. The inaccurate survey constituted negligence and Commonwealth had to pay the Woods $40,000 in damages. Commonwealth then turned around and sued Hart for indemnification. This an exploration into the consequences of performing an inaccurate ALTA survey. This is a 2-Page Letter covering 1 Court Opinion consisting of 8 pages. This 10-Page document has a 10-Question examination based on the text of the newsletter and the case-in-chief.
OBJECTIVES: To enhance professional competency and improve practitioner’s knowledge of the law as it relates to the practice of land surveying.