TAGGART v. NEVADA TITLE GUARANTY COMPANY

No. 4226.

348 P.2d 749 (1960)

Bruce L. TAGGART and Helen L. Taggart, Appellants, v. NEVADA TITLE GUARANTY COMPANY, a Nevada corporation, Respondent.

Supreme Court of Nevada.

January 27, 1960.


Attorney(s) appearing for the Case

Morton Galane, Las Vegas, for appellants.

Emerson J. Wilson, Reno, for respondent.


BADT, Justice.

The question presented by this appeal is whether a title company, under escrow instructions requiring a search of title and the issuance of title insurance as a condition for closing of the escrow and which instructions state that the purchase money will be paid "outside of escrow," and having learned through a preliminary search that title insurance would not issue under the existing state of title, and which has not notified the escrow purchaser of...

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