45-1205 — LIABILITY OF TITLE INSURANCE AGENT OR UNDERWRITER
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TITLE 45
LIENS, MORTGAGES AND PLEDGES
CHAPTER 12
RECONVEYANCE
45-1205. LIABILITY OF TITLE INSURANCE AGENT OR UNDERWRITER. In the event
that a trust deed is reconveyed by a title insurer or title agent purporting
to act under the provisions of this chapter, but the obligation secured by the
trust deed has not been fully paid, the title insurer or title agent effecting
such reconveyance shall be liable to the beneficiary of the trust deed for the
damages suffered as a result of such improper reconveyance only if the title
insurer or title agent failed to substantially comply with the provisions of
section 45-1203 or 45-1204, Idaho Code, or acted with negligence or in bad
faith in reconveying the trust deed.