Thurmond v. McGrath

This is a classic case of why people should get title insurance when they buy a home. The facts were stipulated at a trial before the court.

On February 15, 1954, Mirosol Homes Inc. delivered its deed to the one-family house located at 250 Gansevoort Boulevard to Charles V. Scaramutz and Julia Zabicki Scaramutz, as husband and wife and the deed was recorded on February 16, 1954 in Liber 1269, page 54. Simultaneously, Charles and Julia gave their bond and mortgage to the Citizens Bank of Brooklyn for the sum of $9,700 which mortgage was recorded in Liber 1125, page 293. Julia died intestate on…