75 VA – ALTA COMMITMENT FOR TITLE INSURANCE CHICAGO TITLE NCS DC | MD CHICAGO TITLE INSURANCE COMPANY COMMITMENT NO. SampleVAACC 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-VA Mod (07/01/2021) Printed: 11.09.23 @ 06:14 PM Page 8 DC-CT-FA61-02100.141018-SPS-1-23-SampleVAACC G. ALTA 9.7 (Land Under Development – Loan only), ALTA 9.8 (Land Under Development – Owner’s only) (receipt of acceptable ALTA/NSPS survey and approved plans and specs); ALTA 9.7ALTA 9.8 H. ALTA 9.10-06 Restrictions, Encroachments, Minerals-Current Violations-Loan Policy ALTA 9.10-06 I. ALTA 10 Assignment [loan only with no date-down] or ALTA 10.1 Assignment and Date Down [loan only] (review of mortgage assignment document and title update if ALTA 10.1); ALTA 10-21ALTA 10.1-21 J. ALTA 11 Mortgage Modification [loan only] (review of modification documents and update of title), ALTA 11.1 Mortgage Modification, ALTA 11.2 Mortgage Modification ALTA 11-21ALTA 11.1-21ALTA 11.2-21 K. ALTA 12 Aggregation – Loan Only (none), ALTA 12.1 Aggregation-State Limits-Loan ALTA 12-21ALTA 12.1-21 L. ALTA 13-06 Leasehold [owner] or ALTA 13.1-06 [loan] (review of insured lease); ALTA 13-06ALTA 13.1-06 M. ALTA 14.1 Future Advance [loan only] (review of loan documents and state law to determine appropriate form), ALTA 14.2 Future Advance-Letter of Credit, ALTA 14.3 Future Advance-Reverse Mortgage; ALTA 14.1-21ALTA 14.2-21ALTA 14.3-21 N. ALTA 15-06 Non-Imputation (Full Equity) or ALTA 15.1-06 (Additional Equity) or ALTA 15.2-06 (Partial Equity) [owner only] (receipt of satisfactory affidavit and indemnity from existing and/or exiting entity(ies) with respect to knowledge of off-record matters); ALTA 15-06ALTA 15.1-06ALTA 15.2-06 O. ALTA 16-06 Mezzanine [owner only] (review of pledge agreements and execution of endorsement by insured owner and mezzanine lender); ALTA 16-06 P. ALTA 17-06 (access and entry) or ALTA 17.1-06 (indirect access and entry) [owner or loan] (receipt of current ALTA/NSPS survey showing access on a labeled public way, or via vested rights over a Chicago Title NCS DC l MD Page 103
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