Legal Opinion

Jacobs v. Chicago Title Insurance

Court of Appeals for the Fourth Circuit

Decided June 8, 1983No. 82-1822PublishedCited by 4 opinions

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

  1. Cleve v. Craven Chemical Co.Court of Appeals for the Fourth Circuit · 1927
  2. Kirkpatrick v. WardenSupreme Court of Virginia · 1916
  3. Cavalier-Jefferson Corp. v. Connecticut Mut. Life Ins. CoCourt of Appeals for the Fourth Circuit · 1954

3Cited by4 opinions

  1. Beverly Bica v. Genworth Life Insurance CompanyDistrict Court, S.D. California · 2026
  2. Catalyst Lifestyle Limited v. Elago Co., LtdDistrict Court, S.D. California · 2023
  3. Forbush v. J.C. Penney Co., Inc.Court of Appeals for the Fifth Circuit · 1993
  4. Jacobs v. Chicago Title Insurance CompanyCourt of Appeals for the Fourth Circuit · 1983

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