Get Form T-19.3 Minerals And Surface Damage Endorsement. Title Insurance Basic Manual Minerals And

The down date endorsement to the mortgagee policy is issued during construction. It insures against recorded mechanic liens which are not otherwise excepted to in Schedule B of the mortgagee policy.

This endorsement insures that two or more insured parcels are contiguous along defined lines or boundaries. The endorsement also insures (to the same effect) that there are not gaps separating the insured contiguous boundary lines. Endorsement T-25 is issued with a T-2 Loan or T-1 Owner's Policy.

Protects: Provides coverage by amending the area and boundary exception to delete all except “shortages in area” for matters that might be disclosed by a survey. Tax Amendment Endorsement (T-30)

An endorsement is something that changes the terms of the coverage in the title policy. It is an attachment to the policy that generally offers more coverage from what is included in the policy. Each endorsement has its own Procedural Rule and Rate Rule to follow to be able to issue the endorsement.

Date Down - The date a title examination is to be brought down to from the date of the last examination. Generally the date of recording of instruments and documents in the Recorder's Office.

Amends the standard exception contained in the loan policy to provide coverage against rollback taxes assessed for prior years due to a change in land usage or ownership.

Title Date-Down Endorsement means an endorsement to Agent's Title Insurance Policy, in form and substance reasonably acceptable to Agent, which re-dates the Title Insurance Policy to be as of the date of the applicable Future Advance, increases the amount insured thereby to reflect such (and all prior) Future Advances ...

This can be issued on residential or non-residential property. For residential property the cost is 5% if purchased with Survey Deletion a/k/a Area and Boundary Coverage (as discussed in previous Closer's Corners). If purchased on its own it is 10%. For non-residential properties the charge is 10% and 15% respectively.