4 ms·

Wouldn't that be unethical of the lawyers and title companies?

• drharby 8y ago
  Hear no evil, see no evil
• rand_r 8y ago
  Ethics don’t pay the rent. In the real zero-sum game world out there people do what’s practical and what keeps the lights on.
  • windows_tips 8y ago
    An ethical breach by a lawyer is grounds for banishment from the profession. An ethical breach by a title insurance company likely violates its bylaws, and at the very least opens them up to liability. It seems like this is a title error so the insurance company would be responsible. I don't see why a lawyer wouldn't report the error to the insurance company. It's billable time that the insurance company would need to pay for and they'd be working to keep their industry with clear deeds instead of faulty ones.
    • rand_r 8y ago
      Re: the ethical breach being grounds for banishment, I think that’s quite an idealistic view of legal societies. In reality, they are soft on their own and are not going to drag a fellow lawyer through the coals for something this minor, especially when it can so easily and plausibly be an honest oversight. Also, as in any client relationship, a lawyer’s first priority is the person paying his bills, not necessarily the industry. Even if it would be better in the long run and more ethical, when someone pays you there is a natural obligation attached to the relationship. I used to be idealistic, but experience has shown me that people do what is expedient.