| The policy covers the following
title risks: |
ALTA-R |
CLTA Owners Form A |
| 1. Someone else owns an interest in
your title. |
Yes |
Yes |
| 2. A document is not properly
signed, sealed, acknowledged or
delivered. |
Yes |
Yes |
| 3. Forgery, fraud, duress,
incompetency, incapacity or
impersonation. |
Yes |
Yes |
| 4. Defective recording of any
document. |
Yes |
Yes |
| 5. You do not have legal right of
access to and from the land. |
Yes |
Yes |
| 6. There are restrictive covenants
limiting your use of the land. |
Yes |
Yes |
| 7. There is a lien on
your title because of a: |
- mortgage or deed of trust.
|
Yes |
Yes |
- a judgement, tax or special
assessment.
|
Yes |
Yes |
- a charge by a homeowners or
condominium association.
|
Yes |
No |
| 8. There are liens on your title,
arising now or later, for labor and
material furnished before the policy
date, unless you agreed to pay for the
labor or material. |
Yes |
No |
| 9. Others have rights arising out of
leases, contracts or options. |
Yes |
No |
| 10. Someone else has an easement on
your land. |
Yes |
No |
| 11. Your title is unmarketable,
which allows another person to refuse to
perform a contract to purchase, to lease
or to make a mortgage loan. |
Yes |
No |
| 12. You are forced to
remove your existing structure, other
than a boundary wall or fence, because: |
- it extends on to adjoining land
or on to any easement.
|
Yes |
No |
- it violates a restriction shown
in Schedule B.
|
Yes |
No |
- it violates an existing zoning
law.
|
Yes |
No |
| 13. You cannot use the land for a
single-family residence, because such
use violates a restriction shown in
Schedule B or existing zoning law. |
Yes |
No |
| 14. Other defects, liens or
encumbrances. |
Yes |
Yes |
| 15. Inflation Protection. |
Yes |
Yes |
NOTE: This table is intended to highlight
only some of the important features of coverage
and is not to be construed as expanding or
limiting the coverage set forth in any
particular policy or endorsement.
