ALTA Endorsement 3.1 (Zoning - Completed Structure) (7-1-21)

ALTA 3.1 ZONING - COMPLETED STRUCTURE ENDORSEMENT

This endorsement is issued as part of
Policy Number ______________________
Issued by

STEWART TITLE GUARANTY COMPANY

1.      For purposes of this endorsement, “Zoning Ordinance” means a zoning ordinance or zoning regulation of a political subdivision of the State that is in effect and applicable to the Land at the Date of Policy.

2.      The Company insures against loss or damage sustained by the Insured in the event that, at the Date of Policy:

a.      According to the Zoning Ordinance, the Land is not classified Zone _____________________;

b.      The following use or uses are not allowed under that classification: _____________________;

c.      There is no liability under Section 2.b. if the use or uses are not allowed as the result of any lack of compliance with any condition, restriction, or requirement contained in the Zoning Ordinance, including but not limited to the failure to secure necessary consents or authorizations as a prerequisite to the use or uses. Section 2.c. does not modify or limit the coverage provided in Covered Risk 5.

3.      The Company further insures against loss or damage sustained by the Insured by reason of a final decree of a State or federal court having jurisdiction either prohibiting the use of the Land, with any existing structure, as specified in Section 2.b. or requiring the removal or alteration of the structure because, at the Date of Policy, the Zoning Ordinance has been violated with respect to any of the following matters:

a.      The area, width, or depth of the Land as a building site for the structure;

b.      The floor space area of the structure;

c.      A setback of the structure from the property lines of the Land;

d.      The height of the structure; or

e.      The number of parking spaces.

4.      There is no liability under this endorsement based on:

a.      The invalidity of the Zoning Ordinance until after a final decree of a State or federal court having jurisdiction adjudicating the invalidity, the effect of which is to prohibit the use or uses described in Section 2.b.

b.      The refusal of any person to purchase, lease, or lend money on the Title covered by this policy.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.

[Witness clause]

[Date]

STEWART TITLE GUARANTY COMPANY

By: _____________________________
        [Authorized Signatory]