This is a question that I receive regularly from clients who are purchasing property. Most often clients are debating whether the information received from a survey is worth the cost and time to have a survey prepared. Surveys are not required to purchase real estate. However, if you are financing all or a portion of the purchase price, your lender will most likely require a survey. When I am reviewing title of a property for…
This is the third and final post regarding the Texas Supreme Court’s (the “Court”) decision in Chicago Title Insurance Company v. Cochran Investments, Inc., No. 18-0676 (Tex. 2020). Part 1 addressed the Court’s ruling that qualifying language in a special warranty deed limits the grantor’s liability for breach of the implied covenant of seisin [click here for Part 1] and Part 2 discussed the effect of the merger doctrine on Chicago’s claim for…