Ticor Title Insurance Co. v. Mundelius

CRANDALL, Judge.

Defendant, Carl E. Mundelius, appeals a $2,000 judgment in favor of plaintiff, Ticor Title Insurance Company (Ticor), in a court-tried case. We affirm.

Defendant contracted to purchase a home from Parc Argonne Development Company for $144,244.67. Ticor acted as escrow agent for the sale. An employee of Ticor prepared the settlement statement which erroneously listed the sale price of the property as $142,-224.67. Defendant testified that he had brought the error to the attention of the Ticor employee, but that the employee had insisted the amount on the statement was correct.…