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Home / Opinion Digests / Title Insurer Can Sue on CRESPA Bond (access required)

Title Insurer Can Sue on CRESPA Bond (access required)

Virginia’s CRESPA statute does not create a private cause of action that may be asserted against a surety, and the surety bond issued pursuant to Va. Code § 6.1-2.21(D)(3), by a party other than the State Corporation Commission, the Virginia Supreme Court says in answer to a question certified by the 4th U.S. Circuit Court ...

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