Yen

FACTS

The verified first amended complaint alleges appellant Ann Chi Yen purchased a condominium unit located at 2516 North Tustin Avenue in Santa Ana on August 23, 2010. On that same day, she “took out a buyer‟s policy of Title insurance” from respondent Chicago Title Insurance Company. According to her pleading, after appellant made the purchase, she “discovered that there was a lawsuit pending in the Orange County Superior Court in case #05CC00047 concerning this property. [¶] . . . This lawsuit and subsequent judgment increased the homeowner‟s assessment on said condominium from $42-48 per month to $2,000 per month, leaving the condominium with no economic value whatsoever. [¶] . . . The Preliminary Title Report from the Defendants, and each of them, did not disclose the fact that litigation was pending concerning this property.” Other allegations in appellant‟s first amended complaint state: “Plaintiff ANN CHI YEN now has a property which is unsalable because of the defect in title and worthless because the $2,000 monthly lease amount is greater than the fair market rent on the property, rendering Plaintiff ANN CHI YEN with a total loss;” and, “Defendants, and each of them,…