GARY WALES

tItLe PoLICY CoMPARIsoN CHARt

ALTA Homeowners Plolicy

ALTA Standard Policy

ALTA Plain Language

CoVeRAGe

Someone else owns an interest in your title to the property

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A document is not properly signed

Forgery and fraud

Defective recording of any document

Restrictive covenants

Req b

There is a lien on your title because there is: a. a deed of trust b. judgment, tax or special assessment

c. a charge by the HOA (homeowner’s association)

Title is unmarketable

Mechanics’ lien protection

Forced removal of structure because it: a. extends onto other land or onto an easement b. violates a restriction in Schedule B of policy

c. violates an existing zoning law

par selli

Cannot use land for SFD (single-family dwelling) due to zoning or restrictions

Pays rent for substitute land or facilities Unrecorded lien by a homeowner’s association

Unrecorded easements

Req

Rights under unrecorded leases

Plain language

Building permit violations Subdivision compliance Restrictive covenants violations

Post policy forgery

devis c

Post policy encroachment

Post policy structural damage from minerals extraction

Post policy Living Trust coverage

Enhanced Access — vehicular and pedestrian Map not consistent with legal description Automatic Inflation Protection (5 years)

Supplemental Tax Lien Coverage

Enhanced Encroachment Protection (Public Utility Easements)

Water Rights Extraction Coverage

* Subject to deductible and maximum liability, which is less than the policy amount.

Coverage is for 1- 4 family residences This chart is intended for comparison purposes only and is not a full explanation of policy coverage. Policy coverages are subject to the terms, exclusions, exceptions and deductibles shown in the policy

Copyright 2015 Security Title: Content cannot be edited or reproduced without written permission from Security Title. All content herein is informational only and not intended to offer legal or financial advice.

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