JBJ INVESTMENT OF S. FLORIDA, INC., vs SOUTHERN TITLE GROUP, INC., ET AL. | Florida Appellate Court Finds Attorney May Be Liable to Lender for Erroneous Legal Description Prepared by Title Agent

Categorized | STOP FORECLOSURE FRAUD

JBJ INVESTMENT OF S. FLORIDA, INC., vs SOUTHERN TITLE GROUP, INC., ET AL. | Florida Appellate Court Finds Attorney May Be Liable to Lender for Erroneous Legal Description Prepared by Title Agent

JBJ INVESTMENT OF S. FLORIDA, INC., vs SOUTHERN TITLE GROUP, INC., ET AL. | Florida Appellate Court Finds Attorney May Be Liable to Lender for Erroneous Legal Description Prepared by Title Agent

Lexology-

The Florida Court of Appeals recently held that an attorney was not entitled to summary judgment dismissing a legal malpractice claim brought by a lender regarding an erroneous legal description on a mortgage, despite the fact that the attorney had not prepared the legal description himself. See JBJ Inv. of S. Fla., Inc. v. S. Title Grp., Inc., 2018 WL 3301673 (Fla. Dist. Ct. App. July 5, 2018). This action concerns a $135,000 loan made by a lender to a borrower and secured by five properties. The lender used a title agent to handle the loan closing, and the title agent hired an attorney to prepare the note and mortgage. Although the attorney prepared these documents, the title agent prepared the legal descriptions attached to the mortgage. After the borrower defaulted and the lender commenced a foreclosure action, the lender discovered that the legal descriptions contained a duplicate description for one of the five properties and completely omitted the description of the most valuable property. The lender then brought this action against the title agent and the attorney. The attorney filed a motion for summary judgment, arguing that the legal malpractice claim should be dismissed because (i) there was not attorney-client relationship with the lender because the attorney was retained by the title agent; and (ii) even if a relationship existed, it was the agent who prepared the faulty legal descriptions. The trial court found that the attorney was not responsible for preparing the legal description and granted the attorney’s motion.

[LEXOLOGY]

2018-16-1925 by DinSFLA on Scribd

© 2010-18 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 9083 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives