Commonwealth Land Title Insurance v. IDC Properties, Inc.

SCHWARZER, District Judge.

IDC Properties, Inc. (“IDC”) appeals the judgment declaring the title insurance policy issued by Commonwealth Land Title Insurance Company (“Commonwealth”) null and void because of material misrepresentations by IDC. On this appeal, IDC argues that the district court applied the wrong legal standard for material misrepresentation. Finding that the district court applied the correct standard, we affirm.

I. FACTUAL AND PROCEDURAL HISTORY

We provide a summary of the relevant facts which are described in detail in decisions by the district court and Rhode Island Supreme…