Construction Loan Update

Assignment of Mortgage

Planned Unit Development

Florida Form 9 or ALTA Form 9

Prior loss based on future risk

Future loss based on future risk

Future loss based on prior risk

Prior loss based on prior risk

ALTA 5.1-06

ALTA 4.1-06

ALTA 9.1-06

ALTA 2.1-06

Florida Form 9

Navigational Servitude

Contiguty

Manufactures Housing

F.A.C. 690-186

Owners title policy

RESPA regulations

Florida statutes

Title that a prudent purchaser would not accept

Title free from reasonable doubt

Title that may be freely made the subject of resale

Title free from defects and encumbraces

On a claim, the lead insurer pays the claim up to point of reinsurance

One policy issued by lead insurer

Reinsurance from one or more insurers to lead insurer

On a claim, each insurer pays out based on its percentage of shared risk

Exculpatory

Reasonable

Conditional

Exclusionary

Insure that the Option is vested in the insured

Allow the insured the option of increasing the amount of future coverage

Allow the insured the option of backing out of the transaction

Insure that the underwriter will underwrite the final purchase transaction

Planned Unit Development

Additional interest

Florida Form 9

Change of Partners

As long as the Insured retains an estate or interest in the land

As long as the Insured holds an obligation secured by a purchase money mortgage given by a purchaser

As long as the Insured retains an institutional loan on the subject property

As long as the insures has liability by reason or warranties in any transfer or conveyance of the title

Insure that two or more differing legal descriptions describe the exact same parcel of land

Insure that no survey was required for the transaction

Insure that the same point of beginning was used by two or more surveyors

Exclude from insurance any survey coverage

Florida Form 9

Change of Partners

Condominium

Shared Appreciation

ALTA 5.1-06

ALTA 4.1-06

ALTA 2.1-06

ALTA 9.1-06

Jurisdictionally unrecordable

Outside the chain of title

Unenforceable in law or equity

Inherent in the title