Page 19 - CTT Subdivision_Manual_CA
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CHiCago TiTle’s responsibiliTies
Chicago Title employs a staff of specially trained technicians to examine, report, guarantee and insure the condition
of title for all types of subdivision developments. In addition, as a member of the developer’s team, we see our job as working closely with the developer, project engineer and attorney in order to anticipate and resolve the many title related issues that arise throughout the course of a project.
We prefer, if possible, to begin our work as a member of your team prior to the acquisitions of the land for development. This is recommended so we can work with your team in examining and proposing solutions to title issues such as:
• “Blanket”, “floating” or otherwise undefined or unlocated easements
• Implied or actual rights of surface entry for the development of existing oil or mineral rights
• Recorded covenants, conditions and restrictions (CC&Rs) which limit or prohibit the proposed development
• Boundary documents which may create gaps or overlaps with the description or establishment of the boundaries of the subject property
• Easements of record which may, based on their location or use, impair or otherwise limit the proposed development
• Issues involving primary or secondary access to the project site
The above listing represents just a few of the issues which may delay, hinder or otherwise impair the proposed project development plans. We recognize that we may not always be the title company for the land acquisition. However, since we will be working with you and your team thereafter, consider seeking our input prior to close of the land acquisition escrow nonetheless. We will be happy to help when and where possible.
During the mapping stage of your project, your Chicago Title Subdivision Title Officer will provide the following services to you, your project engineer, attorney and Department of Real Estate (DRE) processor as follows:
• Tentative map and boundary review for your engineer
• Provide engineer with boundary deeds, vesting deed(s), recorded maps, recorded easements and other recorded documents necessary to prepare and process the subdivision map
• Subdivision reports are provided to you, your engineer, the City and County, as well as other interested parties. These reports and the subsequent Subdivision Guarantee are provided to the City and County for recordation of your subdivision map. They include the current owners and the nature of all recorded title interests that appear on the title sheets of the map, in accordance with the requirements of the Subdivision Map Act and local ordinances.
• Some Counties, such as Los Angeles, require the preparation of a 5 year tax history along with a large scale copy of the assessor’s map for tax bond applications.
• If the project is a condominium, we obtain the condominium plan from your engineer and review it for accuracy and consistency with the proposed covenants, conditions and restrictions (CC&Rs) as prepared by your attorney.
• If DRE processing is required, we provide the attorney and the DRE processor with a title report containing the title information required by the DRE for the Public Report application.
• Your Chicago Title Subdivision Title Officer will review and record the approved project documents and prepare a final title report for the DRE and the Chicago Title Sale-Out Title Officer.
• For projects of a complicated nature, such as mixed use, high-rise, master planned developments, modular style phasing and adaptive re-use projects, your title officer will meet with and work closely with your engineer, attorney and other team members to address and clarify all mapping and title insurance issues from initial development to the recording of all project documents.
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