MARK PROPERTIES v. NATIONAL TITLE CO.

No. 32954.

14 P.3d 507 (2000)

MARK PROPERTIES, INC., A Nevada Corporation, Appellant, v. NATIONAL TITLE CO., A Nevada Corporation; and Lawyers' Title of Nevada, Inc., A Nevada Corporation, Respondents.

Supreme Court of Nevada.

December 14, 2000.


Attorney(s) appearing for the Case

Hutchison & Steffen and Michael K. Wall, Las Vegas, for Appellant.

David Goldwater, Las Vegas, for Respondent National Title Company.

Hale, Lane, Peek, Dennison, Howard & Anderson and Robert C. Vohl and James M. Walsh, Reno, for Respondent Lawyers' Title of Nevada, Inc.

BEFORE ROSE, C.J., YOUNG and MAUPIN, JJ.


OPINION

ROSE, C.J.:

SUMMARY

This case concerns the scope of an escrow agent's duty in a real property transaction involving a "double escrow." Specifically, we are presented with the issue of whether an escrow agent has a duty beyond that set forth in the escrow instructions to apprise a party to the escrow, and an alleged principal who is not a party to the escrow, of suspicious facts surrounding a "double escrow" transaction.

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