Page 7 - CTT Summary of CA Endorsements
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priority of the insured mortgage over statutory liens forservices,laborormaterialarisingoutofaworkof improvement referred to in a recorded notice of completion.
CLTA FORM 101.15
Provides insured ALTA Construction Loan Policy lenderwithcoverageagainstlossbyreasonoflackof priority of the insured mortgage over statutory liens for services,labor ormaterialarisingout ofawork of improvement under construction or completed at the date thereof.
CLTA FORM 101.16
Provides insured ALTA Construction Loan Policy lenderwithcoverageagainstlossbyreasonoflackof priority of the insured mortgage over statutory liens for services,labor or material arising out of a work of improvement referred to in a notice of completion on apartoftheland(liabilitylimitedtoastatedamount).
CLTA FORM 101.17
Provides insured-ALTA Construction Loan Policy lenderwithcoverageagainstlossbyreasonoflackof priority of the insured mortgage over statutory liens for services, labor or material arising out of a work of improvement under construction or competed on a partoftheland(liabilitylimitedtoastatedamount).
CLTA FORM 101.18
Provides insured ALTA Construction Loan Policy lender with coverage against loss by reason of any statutory lien for services, labor or material arising outofaworkofimprovementreferredtoin arecorded notice of completion.
CLTA FORM 102.4 Providesinsuredconstructionlenderwithassurance that the foundations of the structure under construc- tion are Within the boundaries of the land, and that their location does not violate referenced CC&Rs.
CLTA FORM 102.5 Providesinsuredconstructionlenderwithassurance that the foundations of the structure under construc- tion are within the boundaries of the land, that their locationdoesnotviolatereferencedCC&Rs,andthat they do not encroach upon referenced easements. (Broader coverage than CLTA Form 102.4).
CLTA FORM 102.6 Providesinsuredlenderwithassurancethatthefoun- dations of the structure under construction on a por- tion of the land are within the boundaries of such
portion, and that their location does not violate ref- erencedCC&Rs(limitedliability).Thisendorsement isusefulifaconstructionloanmortgageencumbers a tract development and foundations have been com- pleted on part of the land only.
CLTA FORM 102.7 Providesinsuredconstructionlender with assurance that the foundations of the structure under construc- tion on a portion of the land are within the bound- aries of suchportion, that their location doesnot vio- latereferencedCC&Rs,andthattheydonotencroach on referenced easements (limited liability).
CLTAFORM 103.1
Provides insured lender with coverage against loss by reason of the exercise of the right of use or main- tenance of a particular easement by the easement holder.
CLTA FORM 103.3
Provides insured lender with coverage against loss by reason of the forced removal of improvements which encroach on a particular easement which ease- ment right is presently being exercised.
CLTAFORM 103.4 Providesinsuredownerorlenderwithassurancethat an insured easement affords ingress and egress to and from a specified public street.
CLTA FORM 103.5
Provides insured extended coverage owner or lender with coverage against loss by reason of the exercise of surface rights for the extraction or development of water excepted from the description or shown as a reservation in Schedule B.
CLTA FORM 103.6
Provides insured ALTA lender with assurance that none of the improvements on the land encroach on a particular easement.
CLTA FORM 103.7
Providesinsuredowner orlender with assurancethat the land describedin Schedule A abuts on a specific, physically open public street.
CLTA FORM 103.8 ProvidesinsuredALTAlender with coverageagainst loss by reason of damage to proposed or completed improvementsunderFHAproject,resultingfromthe
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