OTIRO Endorsement No. 215-06 Nonimputation - Full Equity Transfer Endorsement

This form applies to:
  • Oregon
Forms by State
Organization Forms
International

OTIRO Endorsement No. 215-06 Nonimputation - Full Equity Transfer Endorsement

Form Document
04/11/2011
V 4

ENDORSEMENT

ATTACHED TO POLICY NO.

ISSUED BY

STEWART TITLE GUARANTY COMPANY

Date :
Premium :

The Company agrees that it will not assert the provisions of Exclusions from Coverage 3(a), (b), or (e) to deny liability for loss or damage otherwise insured against under the terms of the policy solely by reason of the action or inaction or Knowledge, as of Date of Policy, of

[identify exiting or contributing partner(s) of the insured partnership entity, member(s) or manager(s) of the insured limited liability company entity, or officer(s) and/or director(s) of the insured corporate entity]

imputed to the Insured by operation of law, provided

[identify the "incoming" partners, members, or shareholders]

acquired the Insured as a purchaser for value without Knowledge of the asserted defect, lien, encumbrance, adverse claim, or other matter insured against by the policy.

[Witness clause optional]

Order Reference:


STEWART TITLE GUARANTY COMPANY

BY: _______________________________
Authorized Signer

For issuing guidelines on this form, see Guidelines.