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TITLE INS. CO. v. COSTAIN ARIZONA

No. 1 CA-CV 88-534.

164 Ariz. 203 (1990)

791 P.2d 1086

TITLE INSURANCE COMPANY OF MINNESOTA, a Minnesota corporation, Plaintiff-Appellant, v. COSTAIN ARIZONA, INC., an Arizona corporation, Defendant-Appellee.

Court of Appeals of Arizona, Division 1, Department C.

May 8, 1990.

Attorney(s) appearing for the Case

Cruse & Firetag by Daniel A. Bock, Keith B. Forsyth and Jules I. Firetag, Phoenix, for plaintiff-appellant.

Gust, Rosenfeld & Henderson by Richard A. Segal, Phoenix, for defendant-appellee.

OPINION

CONTRERAS, Presiding Judge.

Appellant Title Insurance Company of Minnesota (hereinafter "TICOM") provided title insurance to Talley Realty Development, Inc. (hereinafter "Talley"), in its purchase of a large parcel of real property from Costain Arizona, Inc. (hereinafter "Costain"). Talley subsequently recovered a significant sum of money from TICOM under the title insurance policy because Talley did not receive title to a 15-foot strip of land that...

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