63 MD – ALTA COMMITMENT FOR TITLE INSURANCE CHICAGO TITLE NCS DC | MD CHICAGO TITLE INSURANCE COMPANY COMMITMENT NO. SampleMDACC SCHEDULE B, PART I - Requirements (continued) This page is only a part of a 2021 ALTA® Commitment for Title Insurance issued by Chicago Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA Commitment for Title Insurance w-MD Mod (07/01/2021) Printed: 11.09.23 @ 06:20 PM Page 10 DC-CT-FA61-02100.141018-SPS-1-23-SampleMDACC ALTA 24-06 U. ALTA 25-06 Same as Survey or ALTA 25.1-06 Portion of Same as Survey [owner and loan] (receipt of ALTA/NSPS survey depicting the same land described in Schedule A hereof); ALTA 25-06ALTA 25.1-06 V. ALTA 26 Subdivision [owner or loan] (satisfactory evidence that the land described in Schedule A is in compliance with local and state subdivision laws); ALTA 26-21 W. ALTA 27 Usury [loan only) (review of loan documents and state law regarding usury); ALTA 27-21 X. ALTA 28-06 Easement – Damage or Enforced Removal [owner or loan] or ALTA 28.1 (review of easements and current ALTA/NSPS survey showing location of all easements and improvements located on the property); ALTA 28-06ALTA 28.1-21 Y. ALTA 37-06 Assignment of Leases and Rents (Loan Only) (recordation of an Assignment of Leases and Rents); Z. ALTA 38-06 Mortgage Tax (Loan only) (none); AA. ALTA 39-06 Policy Authentication (Owner’s and Loan) (none); BB. Pending Disbursement [loan only] (review of construction loan documents – additional requirements may be imposed including a mechanic’s lien affidavit and indemnity); CC. Tax Sale [owner or loan] (loan description must contain an insured easement – only issued if single lot; coverage is contained in ALTA 18.1-06 for multiple lots). ALTA 18.1-06 END OF SCHEDULE B, PART I Chicago Title NCS DC l MD Page 91
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