SUR

Surveys

To provide extended coverage, the Company generally requires a current survey. A current survey is typically no older than 6 months old and reflects current facts and improvements. A survey is not required (except in Kansas, Florida, Texas and New Mexico where the Company may rely on a prior survey and an affidavit) on loan policies if (1) the mortgage is a refinance on 1-4 family residential property and you secure an owner’s affidavit of facts, or (2) you issue a master or short form loan policy on 1-4 family residential property in a well established subdivision. A survey is not required on loan policies on resales on residential property up to 25 acres and commercial transactions up to $1,000,000 in some states (Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Virginia, West Virginia, Wisconsin, Wyoming). All discrepancies, encroachments, conflicts and matters evidencing possible easements should be excepted if the standard (easement and survey) exceptions are deleted and extended coverage is provided. In accordance with local practice, affirmative coverage or endorsement coverage (e.g., ALTA Form 9, CLTA Form 100, Pennsylvania 300) may then be given if the matters are relatively minor.

Exception

SURX01 ALTA

Facts Disclosed by Survey

Any rights, easements, interests or claims that may exist by reason of or reflected by the following facts shown on the survey dated ____________________ by ________________.
Comment: If the survey or inspection shows conflicts, encroachments or evidence of easements, you should except to those matters. In appropriate cases in accordance with local custom, you may provide affirmative insurance or endorsement coverage as to such matters.

See Underwriting Manual

SURX02 ALTA

Facts Disclosed by Inspection

Any rights, easements, interests or claims that may exist by reason of or reflected by the following facts: ___________________________________________________.
Comment: If the survey or inspection shows conflicts, encroachments or evidence of easements, you should except to those matters. In appropriate cases in accordance with local custom, you may provide affirmative insurance or endorsement coverage as to such matters.

See Underwriting Manual

SURX03 ALTA

Survey Matters After Stated Date

Any encroachment, encumbrance, violation, or adverse circumstance that would be disclosed by an inspection or an accurate and complete land survey of the Land arising subsequent to _________________.
Comment: If you downdate a prior policy which does not contain a survey exception, you should add this exception unless you secure an update of the survey or unless you confirm by inspection that no changes or improvements were later added.

See Underwriting Manual