M. R. M. Realty Co. v. Title Guarantee & Trust Co.

The appellant entered into a contract to buy property on Tenth avenue in New York city. It applied to the respondent for an examination of title and . title insurance. Prior to the closing, respondent certified in writing that the title had been examined and approved by it and that the vendor could convey a good and marketable title thereto in fee, clear of all incumbrances and defects except “3. Restrictive Covenants, Easements and Agreements. Covenants and City Grants as to building wharf, road, &c. in L. ‘ G ’ p. 491 and L. 328, op. 91.” Annexed to the report was a typewritten sheet…