CALIFORNIA LAND TITLE COVERAGE COMPARISONS
The following three charts compare the coverage provided by the California Land Title Association (CLTA) Policy and the American Land Title Association Residential (ALTA-R) Policy.
CLTA Policy CLTA Policy
With Homeowner's Endorsement 		ALTA Residential Policy (ALTA-R)
Someone else owns interest in your title. Someone else owns interest in your title. Someone else owns interest in your title.
A document is not properly signed etc. A document is not properly signed etc. A document is not properly signed etc.
Forgery, fraud, duress, etc. Forgery, fraud, duress, etc. Forgery, fraud, duress, etc.
Defective recording of any document. Defective recording of any document. Defective recording of any document.
There are restrictive covenants. There are restrictive covenants. There are restrictive covenants.
There is a lien on your title because:
a) there is a Deed of Trust.
b) there is a judgment, tax or special assessment.		 There is a lien on your title because:
a) there is a Deed of Trust.
b) there is a judgment, tax or special assessment.		 There is a lien on your title because:
a) there is a Deed of Trust.
b) it violates a restriction in Schedule B.
c) it violates an existing zoning law.
Title is unmarketable. Title is unmarketable. Title is unmarketable.
Mechanics' lien protection. Mechanic's lien protection
Forced removal of structure other than a boundary wall or fence because:
a) it extends onto other land or onto
b) it violates a restriction in Schedule B.
c) it violates an existing zoning law.		 Forced removal of structure other than a boundary wall or fence because:
a) it extends onto other land or onto an
b) it violates a restriction in Schedule B.
c) it violates an existing zoning law.
Can't use land for a single family residence because such use violates a restriction in Schedule B or a zoning ordinance. Can't use land for a single family residence because such use violates restriction in Schedule B or a zoning ordinance.
Inflation protection.* Inflation protection.*
You do not have legal right of access. You do not have legal right of access. You do not have legal right of access.
An unrecorded lien by a homeowner's association.
Rights under unrecorded leases, etc..
Unrecorded easements
Other defects, liens, or encumbrances.
Pay rent for substitute land or facilities.
Plain language.
Available to investors 1 to 4 units.

.


 

<= = BACK




 

©2000 - 2007 Skylinewebs - All rights reserved - Comments to Webmistress
The material on this site is protected by US Copyright Laws and cannot be used, nor links created to, any page on this site with out the express written consent of Skylinewebs.