Brief Fact Summary
Purchaser entered into a contract to buy a lot and purchased a title insurance policy. Purchaser relied on a survey that indicated the lot was approximately 19 acres. After purchaser had completed purchase, purchaser discovered that lot was actual approximately 12 acres. Purchaser attempted to claim a loss under the title insurance policy.

Rule of Law and Holding
Title insurance is no substitute for an accurate survey. Title companies are in the business of guaranteeing title, not acreage.

Topics
Property Acquisition

Subtopics
The Recording System