Court Cases
March 17, 2009
TITLE INSURANCE
Kwok v. Transnation Title Insurance Company (PDF)
Plaintiffs did not succeed as insureds "by operation of law" under the terms of the title insurance policy after transfer of the property from a wholly owned limited liability company, of which appellants were the only members, to appellants as trustees of a revocable family trust. This case highlights the importance of obtaining a 107.9 endorsement, which adds the grantee as an additional insured under the policy.
Cal.App. 2nd Dist. (B207421) 2/10/09
