[Judiciarycommittee1] New Case?

George Peters execdirector at washingtonlandtitle.com
Thu Apr 11 10:25:54 PDT 2024



Ashley, you may have seen this case. I don't see a case cite and don't have
access to the full article, but this showed up in an email from the
publication "The Legal Description":

 



Who bears risk of loss after escrow agent defalcation?


 


Court Report

Wednesday, April 10, 2024

	

The Court of Appeals of Washington recently determined who bore the risk of
loss after an escrow agent absconded with the escrow funds before the escrow
conditions were satisfied. The trial court had concluded the borrower bore
the risk and dismissed the borrower's claims against the lending entities,
and the borrower appealed.

 

Might this be worth checking out?

 

George

 

George Peters, WTP

Executive Director

Washington Land Title Association

 <https://washingtonlandtitle.com> https://washingtonlandtitle.com 

Mail: PO Box 328, Lynnwood, WA 98046

Delivery: 6817 208th St SW, #328, Lynnwood, WA 98036

206-437-5869 (Mobile)

206-260-4731 (Fax)

 <mailto:execdirector at wltaonline.org> execdirector at washingtonlandtitle.com

 



This is a confidential communication intended solely for the named
recipient. If you are not the intended recipient, please destroy it and call
George Peters at 206-437-5869 immediately. Thank you.

 

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