National Standard Exceptions

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  • TAX - Taxes, Real Property
    satisfied or excepted (by general or specific exception).
    • Type: Standard Exception
  • TAX - Taxes, Real Property
    satisfied or excepted (by general or specific exception).
    • Type: Standard Exception
  • EXT - Extended Coverage
    are deleted, the insured is given extended coverage.
    • Type: Standard Exception
  • DEC - Decedent’s Estates
    If an owner dies, you must verify compliance with state probate requirements.
    • Type: Standard Exception
  • COR - Corporations
    the transaction appears bona fide and arms length.
    • Type: Standard Exception
  • PAT - Patents
    issuance of the patent provides a statutory reservation.
    • Type: Standard Exception
  • JOT - Joint Tenancies
    must secure credible evidence of that tenant’s death.
    • Type: Standard Exception
  • AGR - Agricultural Land
    Administration. State law may create additional rights.
    • Type: Standard Exception
  • VEN - Vendor’s Liens
    If the purchaser owes a portion of the purchase consideration to the seller, the law generally implies a vendor’s lien.
    • Type: Standard Exception
  • NCT - No Current Transaction
    must retain the standard exceptions in the policy.
    • Type: Standard Exception
  • REG - Regulatory Agreements
    Except to any low income housing agreement related to subsidized or insured multifamily financing.
    • Type: Standard Exception
  • ACR - Acreage
    delete that reference to acreage in the attachment.
    • Type: Standard Exception
  • TAX - Taxes, Real Property
    satisfied or excepted (by general or specific exception).
    • Type: Standard Exception
  • MOB - Mobile Homes
    certificate of title is canceled or is being canceled.
    • Type: Standard Exception
  • DTS - Deeds of Trust
    of trust or mortgage or a foreclosure of that lien.
    • Type: Standard Exception
  • MUR - Murder
    by the entireties may have murdered the decedent.
    • Type: Standard Exception
  • TRU - Trusts
    such as requirement of conveyance to and by trustees.
    • Type: Standard Exception
  • TRU - Trusts
    such as requirement of conveyance to and by trustees.
    • Type: Standard Exception
  • ALB - Allocation of Liability
    provision for allocation of liability is acceptable.
    • Type: Standard Exception
  • REP - RepurchaseRefusal Rights
    insuring “rights” or “interests” in the instrument.
    • Type: Standard Exception
  • TXL - Tax Liens, State and Local
    unless clearly barred or extinguished by foreclosure.
    • Type: Standard Exception
  • COT - Cotenancies
    against the spouse of a tenancy by the entireties.
    • Type: Standard Exception
  • OPT - Options
    Schedule A when the document includes an option).
    • Type: Standard Exception
  • BKY - Bankruptcy
    the foreclosure, sale, or mortgage may not be valid.
    • Type: Standard Exception
  • VEN - Vendor’s Liens
    If the purchaser owes a portion of the purchase consideration to the seller, the law generally implies a vendor’s lien.
    • Type: Standard Exception