POLICY PROTECTION AGAINST THE RISKS OF:
ALTA
HOMEOWNERS
STANDARD
OWNERS
EXTENDED
Record defects, liens, encumbrances, adverse claims or other matters not known
or disclosed to the new owner that attach before date of policy
4
4 4
Forgery or Fraud in connection with the execution of documents
4
4 4
Undue influence on Grantor or mental incompetence of Grantor
4
4 4
Undisclosed or missing heirs
4
4 4
Wills not properly probated, mistaken interpretation of Wills and Trusts
4
4 4
Conveyance by minor(s), Conveyances by Corporation or Partnership without
proper legal authority
4
4 4
Incorrect legal descriptions, non-delivery of deeds
4
4 4
Delivery of Deed after Death of Grantor
4
4 4
Clerical errors in recorded legal documents
4
4 4
Unmarketability of title as insured or lack of legal access
4
4 4
Unrecorded liens
4
4
Survey and Boundary questions
4
4
Claims of parties in possession not disclosed by the public records
4
4
Easements or claims to easements not disclosed by public records
4
4
An existing violation of a subdivision law or regulation affecting the Land:
• You’re unable to obtain a building permit
• You are forced to correct or remove the violation; or
• Someone else has a legal right to, and does refuse to perform a contract to
purchase the Land, lease it or make a Mortgage on it.
This covered risk is subject to;
• A customer deductible amount of either 1% of Policy Amount or $2,500.00.
(whichever is less)
• Title Company’s Maximum Liability is $10,000.00
4
10
© Ticor Title Company
TITLE POLICY COMPARISON CHART




