NJRB 5-164 Survey Endorsement (Without Survey) for Residential Condominiums and Co-Operatives (NJ adopted 2/15/2015)

ENDORSEMENT

Attached to Policy No. __________

Issued by

STEWART TITLE GUARANTY COMPANY

 

Exception No. ____ is removed. Notwithstanding any provision in the policy to the contrary, unless an exception is taken in Schedule B, the policy insures against loss or damage which the insured shall sustain by reason of any encroachment, encumbrance, violation, variation or adverse circumstance affecting the Title that would be disclosed by an accurate and complete survey or survey certificate of the Land.

If the Land is not a residential condominium or co-operative unit, this endorsement is void.  The insurance afforded by this endorsement covers only the residential condominium or co-operative unit, and does not extend to common elements or non-contiguous limited common elements appurtenant to the unit.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.

No guidelines are available for this form at this time.