CLTA Subdivision Guarantee Guideline 14
Explanation:Subdivision law requires that parties (e.g. owners, trustees of deeds of trust, and mortgagees) holding a record interest in a parcel of land must certify on the subdivision map their consent to the subdivision and their offer of dedication of any streets roads or other easements.
This Guarantee is issued to the County and City where the land is located to enable the City and county Planners to determine the identity of the parties required to sign the map certification. Liability is limited to a sum not exceeding $1,000.
There are no additional Guarantee Conditions and Stipulations attached to this Guarantee.
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):