TN ALTA Commitment Schedule B Part II 1

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TN ALTA Commitment Schedule B Part II 1

Form Document
V 1


Commitment No.:

II. Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company:

1. Defects, liens, encumbrances, adverse claims or other matters, if any, created first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires for value of record the estate or interest or mortgage thereon covered by this Commitment.

2. Standard Exceptions:

(a) Rights or claims of parties in possession not shown by the public records.

(b) Easements, or claims of easements, not shown by the public records.

(c) Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey or inspection of the premises.

(d) Any lien, or right to a lien, for services, labor, or material hereto or hereafter furnished, imposed by law and not shown by the public records.

(e) Rights of dower, homestead or other marital rights of the spouse, if any, of any individual insured.

(f) Restrictions upon the use of the premises not appearing in the chain of title to the land.

3. Special Exceptions:

(a) Taxes.


No guidelines are available for this form at this time.