First American Title Insurance Company of Texas v. Les Sells, Individually, and D/B/A Highland Joint Venture No. 101

CourtCourt of Appeals of Texas
DecidedAugust 17, 1994
Docket10-93-00041-CV
StatusPublished

This text of First American Title Insurance Company of Texas v. Les Sells, Individually, and D/B/A Highland Joint Venture No. 101 (First American Title Insurance Company of Texas v. Les Sells, Individually, and D/B/A Highland Joint Venture No. 101) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First American Title Insurance Company of Texas v. Les Sells, Individually, and D/B/A Highland Joint Venture No. 101, (Tex. Ct. App. 1994).

Opinion

First American Title v. Sells, et al.

.



IN THE

TENTH COURT OF APPEALS


No. 10-93-041-CV


     FIRST AMERICAN TITLE INSURANCE

     COMPANY OF TEXAS,

                                                                                              Appellant

     v.


     LES SELLS, INDIVIDUALLY, AND D/B/A

     HIGHLAND JOINT VENTURE NO. 101, ET AL.,

                                                                                              Appellees


From the 18th District Court

Johnson County, Texas

Trial Court # 38-87


O P I N I O N


      Les Sells and Charles Spence, partners in Highland Joint Venture No 101, sued First American Title Insurance Company for negligence, gross negligence, breach of fiduciary duty, and real-estate fraud. They alleged that First American failed to record a road easement, improperly recorded an access easement, and failed to effectively notify them of these errors affecting 19.826 acres of land they purchased. Based on the verdict, the court awarded Sells and Spence $331,000 actual damages, $110,000 exemplary damages, and $75,000 attorney's fees. First American appeals on eleven points of error, but we will only address the first, which argues that Sells' and Spence's causes of action were barred by the two-year statute of limitations. We will reverse and render a take-nothing judgment in First American's favor.

      We must begin our discussion with events that occurred long before Sells and Spence became involved with the land in question. In 1983 Robert Parma and William McNabb, operating as the joint venture BAJV, purchased 39.614 acres in Burleson. BAJV intended to develop a mobile home park on the back or southern portion of the property. To raise funds for development, BAJV subdivided the land into two parcels—a 19.788-acre section ("Southern Tract") and a 19.826-acre section ("Northern Tract")—and sold portions of the Southern Tract to investors under a repurchase agreement. Because the Southern Tract would be landlocked if BAJV did not exercise its repurchase option, BAJV agreed to a private "access easement" located along the eastern border of the Northern Tract. Although the parties prepared a metes and bounds description of the access easement, they did not intend for this easement to be recorded.

      BAJV exercised its repurchase agreement in 1984, financed by the Burleson State Bank. The City of Burleson required BAJV to dedicate a portion of the Northern Tract as a road to provide access to the proposed mobile home park. BAJV commissioned a plat showing the location of the streets within the mobile home park, a sixty-foot-wide "road easement" located through the middle of the Northern Tract to provide the required access, and a "utility easement" along the western border of the Northern Tract. This plat was submitted to and approved by the City of Burleson but never recorded.

      Concurrent with its development of the plans for the mobile home park, BAJV entered into negotiations with William Vance for the sale of the entire 39.6 acres. On the day the sale was to be closed, March 22, 1985, Vance disclosed that he had been unable to obtain financing from his lender, Lone Star National Bank, to purchase the entire parcel. Therefore, at the closing BAJV agreed to sell Vance the Northern Tract only and to give him an option to purchase the Southern Tract. As part of the closing, McNabb showed Vance a copy of the plat and insisted that he agree to the road easement. Additionally, Vance agreed to put $50,000 into escrow with Lone Star National Bank to ensure the construction of the road over the road easement. Because First American Title served as the closing and escrow agent, this escrow account was placed in First American's name at Lone Star National Bank. After the sale to Vance was closed, First American recorded the access easement in the deed records but did not record the road easement.

      Vance did not exercise his option to purchase the Southern Tract. At some point Vance defaulted on his financing loan, and Lone Star National Bank foreclosed on the Northern Tract. To cover the deficiency on Vance's note, the bank also seized the $50,000 in the road escrow account held in First American's name.

      After foreclosing on the Northern Tract, Lone Star National placed the land on the market. Robert Mallozzi became interested in purchasing the property and contracted to buy the Northern Tract through his engineering company, Highland Components, Inc. Mallozzi then approached Charles Spence about purchasing the property, and Spence brought in Les Sells. Together, the three men formed Highland Joint Venture No. 101 to buy the Northern Tract.

      During the morning of April 25, 1986—the day Sells and Spence purchased the Northern Tract—McNabb went to the offices of First American Title and talked with Glen Rose, a closing agent employed there. He informed Rose that a transaction involving the Northern Tract was to close somewhere in the city that day. McNabb told Rose about the $50,000 escrow account and the possibility that a lawsuit would be filed regarding the unrecorded road easement. Believing he had the responsibility of conveying this information to the agent who was closing the sale of the land, Rose called several title companies in the area to determine where the closing was taking place. He contacted Johnson County Title Company and spoke with Norma Smith, who was going to close the transaction with Sells and Spence, and told her of the "easement problem," the money in the escrow account, and that he suspected the land would be involved in litigation. Although Smith had the title records rechecked prior to closing, which did not reflect the road easement, she did not tell Sells or Spence of Rose's phone call or its substance.

      On April 25, 1986, Highland Joint Venture No. 101 purchased the Northern Tract under the sales contract held by Highland Components, the purchase being financed entirely by Lone Star National Bank. Johnson County Title Company served as the closing agent on the sale. Present at the closing were Sells, Spence, Mallozzi, two officers from Lone Star National Bank, and Norma Smith, the closing agent for Johnson County Title. During the closing, Smith presented a survey of the property to Sells and Spence. This survey showed the access easement, and Smith required them to initial the survey to indicate that they purchased the property with knowledge of the access easement. Lone Star National Bank's representatives orally assured Sells and Spence that the access easement was not valid and would be removed from the title.

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First American Title Insurance Company of Texas v. Les Sells, Individually, and D/B/A Highland Joint Venture No. 101, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-american-title-insurance-company-of-texas-v--texapp-1994.