Product
|
Price
|
Description
|
|
Standard
Coverage Policy |
Calculated with rate guide |
An insurance policy
that protects the insured against loss arising from
defects in the title.
Ø
Owner’s
Ø
Lender’s |
|
Extended Coverage
Policy |
Calculated with rate guide plus $60 for
endorsements (9-06, 22-06, 8.1) |
An insurance policy
that protects the insured against loss arising from
defects in the title not originally detected in the
title search.
Ø
9-06 Covenants,
Condition, Restrictions, and Encroachments
Ø
116 Designations of
Address & Improvements
Ø
8.1 Environmental
Protection Lien |
|
Homeowner’s
Policy |
110% of Basic Rate |
An insurance policy
for a one to four-family residence that protects the
insured with a package of “added benefits.”
See handout for more information. |
|
Junior Policy –
Limited Coverage |
Determined by value of property |
Issued for Home
Equity Line of Credit (HELOC) or similar products for
residential properties less than or equal to $200,000.
|
Liability
amount $1 to $100,000
|
$100 |
|
Liability
amount $100,001 to $125,000 |
$125 |
|
Liability
amount $125,001 to $150,000
|
$150 |
|
Liability
amount $150,001 to $200,000 |
$175 |
|
Liability
amount $200,001 to $250,000 |
$200 |
|
|
Property Profile |
Free |
A listing package
that provides information about a property before it is
listed such as the last deed of record, plat map,
covenants and restrictions, tax information, and any
mortgages or deeds of trust. |
|
Litigation or
Trustees Sale Guarantee |
75% of Basic Rate
(Minimum of $125) |
A report generally
used to facilitate the foreclosure process that includes
tax information, liens and judgments. The Trustees Sale
Guarantee also lists the creditors on the property. |
|
Lot Book
Guarantee
*New Product* |
$135.00 |
A guarantee issued
in conjunction with the Judgment and Tax Lien Guarantee
with a liability limited to $1,000. The liability for
the Judgment and Tax Lien Guarantee will be limited to
$200. It provides the legal description, taxes, all
liens and judgments, the last deed of record, and any
open loans. |
|
Consumer Report |
$75.00 |
A report that
provides the legal description, taxes, all liens and
judgments, the last deed of record, and any open loans.
NOTE: it does not carry any liability. |
|
Ownership Report |
$5.00 per name or $35 minimum |
A report that
includes the current property owners, their addresses,
and tax codes in a particular subdivision. |
|
UCC Search
|
$35 per search |
A search for county
and state records for any Uniform Commercial Code
filings. |
|
Abstractor’s
Certificate |
$125 |
A certificate that
states the time period and scope of the search among
public records generally used to subdivide property. |
