| Table of Contents |
3 |
| Chicago Title – Financial Strength |
4 |
| Program Slides |
5 |
| What is Title Insurance? |
7 |
| What is the Purpose and Importance of Title Insurance? |
8 |
| Title Insurance vs. Casualty Insurance |
8 |
| Title Commitments |
9 |
| Types of ALTA Policies |
12 |
| The Concept of Pro Forma |
13 |
| Key Commerical Endorsements |
14 |
| Surveys |
25 |
| Reinsurance & Coinsurance |
28 |
| Working with Your Title Company |
29 |
| Resources |
31 |
| National vs. Local Transactions |
34 |
| Pricing Information |
35 |
| Q & A |
36 |
| Title Commitment Forms |
37 |
| DC |
38 |
| MD |
52 |
| VA |
68 |
| ALTA Owner’s Policy of Title Insurance (Sample) |
83 |
| ALTA Loan Policy of Title Insurance (Sample) |
95 |
| Commercial Endorsement Manual |
108 |
| Endorsement 1-06 - Street Assessments |
119 |
| Endorsement 3 - Zoning |
121 |
| Endorsement 3.1 - Zoning - Completed Structure |
123 |
| Endorsement 3.2 - Zoning - Land Under Development |
125 |
| Endorsement 3.3 - Zoning Completed Improvement - Non-Conforming Use |
129 |
| Endorsement 3.4 - Zoning - No Zoning Classification |
133 |
| Endorsement 4 - Condominium - Assessments Priority |
137 |
| Endorsement 4.1- Condominium - Current Assessments |
141 |
| Endorsement 5-06 - Planned Unit Development - Assessments Priority |
145 |
| Endorsement 5.1-06 - Planned Unit Development - Current Assessment |
147 |
| Endorsement 6 Variable Rate Mortgage |
149 |
| Endorsement 6.2 - Variable Rate Mortgage - Negative Amortization |
151 |
| Endorsement 7-06 - Manufactured Housing Unit |
153 |
| Endorsement 7.1 - Manufactured Housing - Conversion - Loan Policy |
155 |
| Endorsement 7.2 - Manufactured Housing - Conversion - Owner's Policy |
157 |
| Endorsement 8.1 - Environmental Protection Lien |
159 |
| Endorsement 8.2-06 - Commercial Environmental Protection Lien |
161 |
| Endorsement 9 -06 - Restrictions, Encroachments, Minerals - Loan Policy |
163 |
| Endorsement 9.1-06 - Covenants, Conditions and Restrictions - Unimproved Land - Owner’s Policy |
167 |
| Endorsement 9.2-06 - Covenants, Conditions and Restrictions - Improved Land - Owner’s Policy |
169 |
| Endorsement 9.3-06 - Covenants, Conditions and Restrictions - Loan Policy |
171 |
| Endorsement 9.6-06 - Private Rights - Loan Policy |
175 |
| Endorsement 9.6.1-06 - Private Rights - Current Assessments - Loan Policy |
177 |
| Endorsement 9.7-06 - Restrictions, Encroachments, Minerals - Land Under Development - Loan Policy |
179 |
| Endorsement 9.8-06 - Covenants Conditions and Restrictions - Land Under Development - Owner’s Polic |
183 |
| Endorsement 9.9-06 - Private Rights - Owner’s Policy |
187 |
| Endorsement 9.10-06 - Restrictions, Encroachments, Minerals - Current Violations - Loan Policy |
189 |
| Endorsement 10 - Assignment |
193 |
| Endorsement 10.1 - Assignment and Date Down |
195 |
| Endorsement 11 - Mortgage Modification |
199 |
| Endorsement 11.1 - Mortgage Modification with Subordination |
201 |
| Endorsement 11.2 - Mortgage Modification with Additional Amount of Insurance |
203 |
| Endorsement 12 - Aggregation - Loan Policy |
207 |
| Endorsement 12.1 - Aggregation State Limits - Loan Policy |
211 |
| Endorsement 13-06 - Leasehold - Owner's |
215 |
| Endorsement 13.1-06 - Leasehold - LOAN |
217 |
| Endorsement 14 - Future Advance - Priority |
221 |
| Endorsement 14.1 - Future Advance - Knowledge |
225 |
| Endorsement 14.2 - Future Advance - Letter of Credit |
229 |
| Endorsement 14.3 - Future Advance - Reverse Mortgage |
233 |
| Endorsement 15-06 - NON-IMPUTATION - Full Equity Transfer |
237 |
| Endorsement 15-1-06 - NON-IMPUTATION - Additional Insured |
238 |
| Endorsement 15.2-06 - NON-IMPUTATION - Partial Equity Transfer |
239 |
| Endorsement 15-1-06 - NON-IMPUTATION - Additional Insured |
240 |
| Endorsement 15.2-06 - NON-IMPUTATION - Partial Equity Transfer |
241 |
| Endorsement 16-06 - Mezzanine Financing |
243 |
| Endorsement 17-06 - Access and Entry |
247 |
| Endorsement 17.1-06 - Indirect Access and Entry |
249 |
| Endorsement 17.2-06 - Utility Access |
251 |
| Endorsement 18-06 - Single Tax Parcel |
253 |
| Endorsement 18.1-06 - Multiple Tax Parcel - Easements |
255 |
| Endorsement 18.2-06 - Multiple Tax Parcel |
257 |
| Endorsement 18.3[-06] - Single Tax Parcel and ID |
259 |
| Endorsement 19-06 - Contiguity - Multiple Parcels |
261 |
| Endorsement Form 19.1-06 - Contiguity - Single Parcel |
263 |
| Endorsement 19.2-06 - Contiguity - Specified Parcels |
265 |
| Endorsement 20-06 - First Loss - Multiple Parcel Transactions |
267 |
| Endorsement 22-06 - Location |
269 |
| Endorsement 22.1-06 - Location and Map |
271 |
| Endorsement 23-06 - Co-Insurance - Single Policy |
273 |
| Endorsement 23.1 06 - Co Insurance - Multiple Policies |
277 |
| Endorsement 24-06 - Doing Business |
281 |
| Endorsement 25-06 - Same as Survey |
283 |
| Endorsement 25.1-06 - Same as Portion of Survey |
285 |
| Endorsement 26 - Subdivision |
287 |
| Endorsement 27 - Usury |
289 |
| Endorsement 28-06 - Easement - Damage or Enforced Removal |
291 |
| Endorsement 28.1 - Encroachments - Boundaries and Easements |
293 |
| Endorsement 28.2-06 - Encroachments - Boundaries and Easements - Described Improvements |
295 |
| Endorsement 28.3-06 - Encroachments - Boundaries and Easements - Land Under Development |
297 |
| Endorsement 29-06 - Interest Rate Swap Endorsement - Direct Obligation |
301 |
| Endorsement 29.1-06 - Interest Rate Swap Endorsement - Additional Interest |
303 |
| Endorsement 29.2-06 - Interest Rate Swap Endorsement - Direct Obligation - Defined Amount |
305 |
| Endorsement 29.3-06 - Interest Rate Swap Endorsement - Additional Interest - Defined Amount |
307 |
| Endorsement 30 - One-to-Four Family Shared Appreciation Mortgage |
309 |
| Endorsement 30.1 - Commercial Participation Interest |
311 |
| Endorsement 31-06 - Severable Improvements |
315 |
| Endorsement 32 - Construction Loan |
317 |
| Endorsement 32.1 - Construction Loan - Direct Payment |
319 |
| Endorsement 32.2 - Construction Loan - Insured’s Direct Payment |
323 |
| Endorsement 33-06 - Disbursement |
327 |
| Endorsement 34-06 - Identified Risk Coverage |
329 |
| Endorsement 34.1- Identified Exception & Identified Risk Coverage |
331 |
| Endorsement 35-06 - Minerals and Other Subsurface Substances - Buildings |
333 |
| Endorsement 35.1-06 - Minerals and Other Subsurface Substances - Improvements |
335 |
| Endorsement 35.2-06 - Minerals and Other Subsurface Substances - Described Improvements |
337 |
| Endorsement 35.3-06 - Minerals and Other Subsurface Substances - Land Under Development |
339 |
| Endorsement 36-06 - Energy Project - Leasehold/Easement - Owner’s |
341 |
| Endorsement 36.1-06 - Energy Project - Leasehold/Easement - Loan |
345 |
| Endorsement 36.2-06 - Energy Project - Leasehold - Owner’s |
349 |
| Endorsement 36.3-06 - Energy Project - Leasehold - Loan |
353 |
| Endorsement 36.4-06 - Energy Project - Covenants, Conditions and Restrictions - Land Under Developm |
357 |
| Endorsement 36.5-06 - Energy Project - Covenants, Conditions and Restrictions - Land Under Develop |
361 |
| Endorsement 36.6-06 - Energy Project - Encroachments |
365 |
| Endorsement 36.7-06 - Energy Project - Fee Estate - Owner’s Policy |
369 |
| Endorsement 36.8-06 - Energy Project - Fee Estate - Loan Policy |
373 |
| Endorsement 37-06 - Assignment of Rents or Leases |
377 |
| Endorsement 38-06 - Mortgage Tax |
379 |
| Endorsement 39-06 - Policy Authentication |
381 |
| Endorsement 40-06 - Tax Credit - Owner’s Policy |
383 |
| Endorsement 40.1-06 - Tax Credit - Defined Amount - Owner’s Policy |
387 |
| Endorsement 41-06 - Water - Buildings |
389 |
| Endorsement 41.1-06 - Water - Improvement |
391 |
| Endorsement 41.2-06 - Water - Described Improvements |
393 |
| Endorsement 41.3-06 - Water - Land Under Development |
395 |
| Endorsement 42-06 - Commercial Lender Group Endorsement |
397 |
| Endorsement 43-06 - Anti-Taint |
399 |
| Endorsement 44-06 - Insured Mortgage Recording - Loan |
401 |
| Endorsement 45-06 - Pari Passu Mortgage - Loan Policy |
403 |
| Endorsement 46-06 - Option |
407 |
| Endorsement 47 - Operative Law - 2006 Owner’s Policy |
409 |
| Endorsement 47.1 - Operative Law - 2006 Loan Policy |
411 |
| CTIC ALTA Policy Comparisons |
413 |
| ALTA Loan Policy 2021 |
415 |
| ALTA Loan Policy Comparison Charts |
431 |
| ALTA Owner’s Policy 2021 |
457 |
| ALTA Owner’s Policy Comparison Charts |
471 |
| CTIC NCS Laws & Customs by State |
491 |
| Mechanic's Lien Laws by State |
496 |
| Alabama |
503 |
| Alaska |
504 |
| Arizona |
505 |
| Arkansas |
506 |
| California |
507 |
| Colorado |
508 |
| Connecticut |
509 |
| Delaware |
510 |
| District of Columbia |
511 |
| Florida |
512 |
| Georgia |
513 |
| Hawaii |
514 |
| Idaho |
515 |
| Illinois |
516 |
| Indiana |
517 |
| Iowa |
518 |
| Kansas |
519 |
| Kentucky |
520 |
| Louisiana |
521 |
| Maine |
522 |
| Maryland |
523 |
| Massachusetts |
524 |
| Michigan |
525 |
| Minnesota |
526 |
| Mississippi |
527 |
| Missouri |
528 |
| Montana |
529 |
| Nebraska |
530 |
| Nevada |
531 |
| New Hampshire |
532 |
| New Jersey |
533 |
| New Mexico |
534 |
| New York |
535 |
| North Carolina |
536 |
| North Dakota |
537 |
| Ohio |
538 |
| Oklahoma |
539 |
| Oregon |
540 |
| Pennsylvania |
541 |
| Rhode Island |
542 |
| South Carolina |
543 |
| South Dakota |
544 |
| Tennessee |
545 |
| Texas |
546 |
| Utah |
547 |
| Vermont |
548 |
| Virginia |
549 |
| Washington |
550 |
| West Virginia |
551 |
| Wisconsin |
552 |
| Wyoming |
553 |
| 2021 Minimum Standard Requirements
for ALTA/NSPS Land Title Surveys |
555 |