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8N Consent 2008 0902
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8N Consent 2008 0902
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Last modified
8/29/2008 9:33:58 AM
Creation date
8/29/2008 9:33:56 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/2/2008
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PERM
Document Relationships
_CC Agenda 2008 0902
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2008\Packet 2008 0902
RDA Reso 2008-023
(Reference)
Path:
\City Clerk\City Council\Resolutions\2008
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LENDER'S NOTE: <br />APPROVAL FOR THE ISSUANCE OF THE 1970 ALTA LENDER'S POLICY FORM MUST $E <br />REQUESTED AND APPROVED PRIOR TO CLOSE OF ESCROW. ALL OTHER FORMS OF <br />FULL COVERAGE LOAN POLICIES THAT ARE AUTHORIZED TO BE ISSUED ARE THE <br />1992 AND 2006 POLICIES. <br />BUYER'S NOTE: <br />If an ALTA Residential Owner's Policy is requested and if the property described herein is <br />determined to be eligible for this policy, the following Exceptions From Coverage will appear <br />in the policy: <br />1. Taxes or assessments which are not shown as liens by the public records or by the records <br />of any taxing authority. <br />2. (a) Water rights, claims or title to water; (b) reservations or exceptions in patents <br />or in Acts authorizing the issuance thereof; (c) unpatented mining claims; whether or <br />not the matters excepted under (a), (b) or (c) are shown by the public records. <br />3. Any rights, interests or claims of parties in possession of the land which are not <br />shown by the public records. <br />4. Any easements or liens not shown by the public records. This exception does not limit the <br />lien coverage in Item 8 of the Covered Title Risks. <br />5. Any facts about the land which a correct survey would disclose and which are not shown by <br />the public records. This exception does not limit the forced removal coverage in Item 12 <br />of the Covered Tide Risks. <br />PAELItl.NOTE9 IAw~ 2/07) <br />
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