Standard Coverage

Standard Exception Topic

STA


Standard Coverage

If the policy contains an insuring provision and standard (regional or state) exceptions (such as parties in possession, unrecorded easements, survey matters, mechanic's liens, and taxes and assessments not shown as existing liens) are deleted, the insured is given extended coverage.

Exceptions

Standard Exception Subtopic

STAX01

ALTA

05/05/2009
V 3

Parties in Possession

Rights or claims of parties in possession not recorded in the Public Records.

Standard Exception Subtopic

STAX02

ALTA

05/05/2009
V 4

Easements

Easements or claims of easements not recorded in the Public Records.

Standard Exception Subtopic

STAX03

ALTA

05/05/2009
V 3

Survey Exception

Any encroachment, encumbrance, violation, variation, or adverse circumstance that would be disclosed by an inspection or an accurate and complete land survey of the Land.

Standard Exception Subtopic

STAX04

ALTA

05/05/2009
V 4

Statutory Liens for Services, Labor or Material

Any statutory lien for services, labor or material arising from construction of an improvement or work related to the Land and not recorded in the Public Records.

Standard Exception Subtopic

STAX05

ALTA

05/05/2009
V 3

Liens for Taxes, Assessments and Other Charges

Liens for real estate taxes, assessments and other charges imposed by a governmental authority that are not shown as existing liens by its records.