CLTA Property Description Same as Survey Endorsement Guideline 116.1
Explanation:This endorsement provides an owner or lender at the time the policy is issued with assurances that the land described in the policy is the same as shown on a plat or survey attached to and made a part of the policy.
Underwriting Requirements:(1) The issuance of this endorsement requires that:
(a) A plat or survey prepared by a licensed surveyor or registered engineer be submitted for attachment to the policy.
(b) A determination that the plat or survey is sufficient and consistent with regard to the establishment of record boundaries, controls, closure, etc.; and
(c) The determination that the area shown on the plat corresponds exactly with the land described in the policy.
The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.
Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.
This guideline applies to the following form(s):