James and Paris Purchased a Home from David and Dana

question 46

Essay

James and Paris purchased a home from David and Dana and purchased an owner's policy of title insurance in connection with the purchase. After the sale, it was discovered that David and Dana were separated at the time of the sale and Dana's signature was forged on the deed. Dana claims that the deed is void as to her half interest and demands $100,000 for her interest in the home. James and Paris file a claim with the title insurance company. Will the title insurance company protect them from Dana's claim?

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Definitions:

Rule-of-law

The principle that all members of a society, including those in government, are equally subject to publicly disclosed legal codes and processes.

English-speaking Heritage

Refers to the cultural and historical influence of English-speaking countries and their traditions.

Per-capita GNI

The gross national income of a country divided by its population, reflecting the average income of its citizens.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country's borders in a given time period.