VA Outsale Requirements/Exceptions (MLA Posted)

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  • Virginia
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VA Outsale Requirements/Exceptions (MLA Posted)

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V 1

Outsale Requirements/Exceptions (MLA Posted)

“Provide Certification of Mechanic's Lien Agent, with a copy of building permit attached and subcontractor/supplier lien waivers from all subcontractors/suppliers who have given notice to the Mechanic's Lien Agent. Reservation is hereby made to add additional exceptions and/or requirements upon receipt and review of said waivers.

Provide Title Company with satisfactorily executed Final Affidavit and Agreement and Statutory Affidavit of Payment.

Upon satisfaction of all the requirements contained in this schedule, General Exception “Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished” contained in SCHEDULE B-- SECTION II, will not appear in the title policies issued in favor of the Proposed Insureds named in Schedule A hereof.”

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