Page 9 - CTT Summary of CA Endorsements

CLTAFORM 105.1
Modifies CLTA Standard Coverage Policy provisions to accommodate insurance of the liens of two mort- gagesunder a singlepolicy.
CLTAFORM 106 ProvidesStateofCaliforniawithassuranceconcern- ingthereleaseorrelinquishmentofaccessrights,by deedorothervoluntaryconveyance,withrespectto the grantor's remaining land in the event a portion of the land has been conveyed for a freeway or lim- ited accesshighway.
CLTAFORM 106C ProvidesStateofCaliforniawithassuranceConcern- ingtheeliminationofaccessrights,bycondemnation, withrespecttoanowner'sremaininglandin theevent a portion of that land has been condemned for a free- way or limited accesshighway.
CLTA FORM 106.1 ProvidesStateofCaliforniawithassuranceconcern- ingthereleaseorrelinquishmentofaccessrightsonly, bydeedorothervoluntaryconveyance,withrespect tolandabuttingafreewayorlimitedaccesshighway.
CLTA FORM 106.1C ProvidesStateofCaliforniawithassurancesconcern- ing the eliminationofaccessrights only,by condem- nation, with respect to land abutting a freeway or limited accesshighway.
CLTA FORM 106.2 ProvidesStateofCaliforniawithassuranceconcern- ingthereleaseorrelinquishmentofaccessrightsonly, bydeedorothervoluntaryconveyance,withrespect tothegrantor'sremaininglandif aportionoftheland has been conveyed for a freeway or limited access highway,andwithrespecttootherlandabuttingsuch freeway or limited accesshighway.
CLTAFORM 106.2C ProvidesStateofCaliforniawithassuranceconcern- ingtheeliminationofaccessrights,bycondemnation, with respect to an owner's remaining land if a por- tion of that land has been condemned for a freeway or limited access highway, and with respect to other land abutting such freeway or limited access high- way.
CLTA FORM 107.1 Allocatesadesignatedamountoftotalliability ofa policy to eachofseverallots orparcels describedin Schedule A of the policy.
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CLTAFORM 107.2
Provides for an increase in the amount of insurance after issuance of the policy. Requires a determina- tionofthereason(s)fortherequestforanincreasein the amount of insurance.
CLTA FORM 107.5
Provides that the value of the lessee's interest in im- provements, even though cast as personal property intheinsuredlease,willbeincludedasanelement of loss otherwise insured against under the lease- hold policy.
CLTA FORM 107.9
Provides for the naming of an additional insured un- deranexistingpolicy,withqualification.
CLTAFORM 107.10
Provides for the naming of an additional insured un- der an existing policy.
CLTAFORM 107.11 ProvidesinsuredALTAlender with coverageagainst loss by reason of invalidity or unenforceability of the insured mortgage following ostensible merger of the beneficialinterestevidencedbythedeedoftrustwith title formerly vestedin the trustor namedin the deed oftrust throughinsuredALTAlender's acquisitionof an interest in the title.
CLTAFORM 108.7 ProvidesinsuredCLTAlender with coverageagainst loss concerning vesting of title, subsistence and pri- ority ofinsuredmortgagelieninsofar assamesecures anadditional(optional)advance,andincreasespolicy liability by the amount of the advance.
CLTA FORM 108.7-M
Provides insured CLTA "revolving" or "line of credit" lenderwithcoverageagainstlossconcerningvesting oftitle,subsistenceandpriority ofinsuredmortgage lieninsofarasit securesanincreasein therevolving creditlimit,andincreasespolicyliabilitybythe amount of the increase.
CLTAFORM108.8 ProvidesinsuredALTAlenderwithcoverageagainst loss concerning vesting of title, subsistence and pri- orityofinsuredmortgagelieninsofarassamesecures anadditional(optional)advance,andincreasespolicy liability by the amount of the advance.
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