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Levels Tought:
Elementary,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 362 Weeks Ago, 4 Days Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Scenario:
Sam and Martha, a newlywed couple, recently bought their first home from Peter.  After a few months after the sale, they were sued by Peter's cousin, Paul, who claimed he owned 1/2 of the rights to the house with Peter and did not authorize the sale. Peter had told Sam & Martha about Paul's interest in the property prior to the purchase of the home, but assured them that he had authority to sell.
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Questions to Answer:
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1. Would title insurance cover Sam & Martha against Paul's claim? Discuss in detail.
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2. Are there any exclusions that might apply?
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