Michael McGee v. Commonwealth Land Title Insurance Company

The plaintiffs, a group of individuals who purchased units in an unsuccessful condominium development project, filed suit against Commonwealth Land Title Insurance Company alleging they were entitled to collect on their title insurance policy. The district court dismissed the complaint for failure to state a claim, and the plaintiffs filed this timely appeal. Following oral argument, and review of the record and the parties’ briefs, we affirm.

I

This case arises out of a real estate deal gone bad. On November 17, 2005, a real estate developer filed a 60-page “Declaration of Sarasota Cay Club…