First United, Inc. v. Chicago Title Insurance

Betty C. Dickey, Justice.

First United, Inc., appeals the order of the Garland County Circuit Court granting the motion for summary judgment by appellees, Chicago Tide Insurance Company and Hot Springs Tide Company, on the grounds that a title insurance policy written and issued by the appellees did not cover First United’s potential liability as a successor-in-interest under the Arkansas Time Share Development Act. Jurisdiction in this case is pursuant to Ark. Sup. Ct. R. l-2(b)(1). We find no error and affirm.

The appellant, First United, Inc., owns a mortgage on a parcel of land in Garland…