EXTR04 STGC

Survey Matters (Usual Survey Exception)

Exception No. 2 of this Commitment may be amended to delete all save and except “shortages in area” upon review and examination by this Company, prior to closing, of a satisfactory current survey of the land duly certified by a satisfactory registered land surveyor. The Company may except in the Policy to any item that is a product of this requirement.
Comment: The Company requires an acceptable survey to delete the survey exception, except on Mortgagee Policies covering condominiums. The survey must be current (recent date for sales or confirmed by credible affidavit or inspection for refinances). All encroachments, conflicts and evident easements and covenant violations must be excepted.
References
Related Underwriting Manuals:

12.26   Mortgagee Policies (Loan Policies)

14.04   Overlaps

14.12   Owner's Policies of Title Insurance

18.40   Surveys

5.00   Easements And Easement Insurance

5.30   Express Insurance

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