VES
Vesting of Title
When title is doubtful and you except to a claimed interest, the Company prefers to refer to that interest in Schedule A.
Exception
VESX01 STG
Ownership Subject to Rights of Others
____________________, subject to Item No. _______ of Schedule B.
Comment: If ownership is doubtful, disputed, or subject to cure by deeds, the Company prefers that the commitment (and any policy if not cured) refer to the adverse title or interest in the vesting recital.
See Underwriting Manual
Schedule A
VESS01 STG
Insured as Their Interests Appear
____________________, as their respective interests appear.
Comment: The Company sometimes insures a contract by showing title in the seller and buyer as their interests may appear and by recording (and excepting to) the contract.
See Underwriting Manual