Jacobs v. Chicago Title Insurance
Court of Appeals for the Fourth Circuit
1Opinion of the Court
ERVIN, Circuit Judge:
This diversity action arose out of a real estate transaction in which all the parties— sellers, purchasers, real estate broker, mortgagee, and title insurer — used a single settlement attorney, who misappropriated the monies deposited with him.
The plaintiffs, Thomas and Linda Jacobs, sold a house in Arlington, Virginia, to defendants William and Jean Holden for $90,-000, the closing taking place on August 1, 1979. Outstanding against the property was a deed of trust securing a promissory note to Baker Mortgage Corp. which had been assigned to Colonial Mortgage Service Co.…
2Cases cited3 opinions
- Cleve v. Craven Chemical Co.Court of Appeals for the Fourth Circuit · 1927
- Kirkpatrick v. WardenSupreme Court of Virginia · 1916
- Cavalier-Jefferson Corp. v. Connecticut Mut. Life Ins. CoCourt of Appeals for the Fourth Circuit · 1954
3Cited by4 opinions
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- Catalyst Lifestyle Limited v. Elago Co., LtdDistrict Court, S.D. California · 2023
- Forbush v. J.C. Penney Co., Inc.Court of Appeals for the Fifth Circuit · 1993
- Jacobs v. Chicago Title Insurance CompanyCourt of Appeals for the Fourth Circuit · 1983