by grsgrouptest | Oct 22, 2012 | Title Services
As mentioned in my last blog, on April 2, 2012, the ALTA formally adopted several new and revised endorsements. In Part One of my discussions on the new ALTA endorsements, I discussed the revisions to the ALTA 9 series, the revised ALTA 13 Leasehold endorsements,...
by grsgrouptest | Jun 12, 2012 | Title Services
One of the Covered Risks in the 2006 ALTA Owner’s Policy and the 2006 ALTA Loan Policy is loss sustained by the Insured by reason of “Unmarketable Title”. (see: Covered Risks, Paragraph #3). “Unmarketable Title” is defined in Section 1 of the Conditions as: (k) ...
by grsgrouptest | May 21, 2012 | Title Services
In Schedule A of both the ALTA Owner’s Policy and the ALTA Loan Policy, the first paragraph identifies the” Insured”. For the Owner’s Policy, the Insured will be the Grantee named in the conveyance, usually a conveyance by deed. In the Loan Policy, the Insured will...
by grsgrouptest | May 15, 2012 | Title Services
In Schedule A of both the ALTA Owner’s Policy and the ALTA Loan Policy, the first paragraph deals with identifying the Insured. For the Owner’s Policy, the Insured will be the Grantee named in the conveyance, usually a conveyance by deed. In the Loan Policy, the...
by grsgrouptest | May 1, 2012 | Title Services
In one of my earlier blogs, I discussed the different parts of the title insurance policy. One of the parts of every title insurance policy is the part dealing with Exclusions from coverage. In that blog, I said this about the Exclusions: “The policy Exclusions...
by grsgrouptest | Apr 20, 2012 | Title Services
You would think it is pretty easy to figure out how much title insurance to buy. But it’s not. That’s because the Amount of the Policy can be determined by several different factors, which need to be considered when you are purchasing the policy. First of all, let’s...
