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Item 23 - Real Estate Title and Escrow Services
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03/02/2021 Regular
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Item 23 - Real Estate Title and Escrow Services
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4/10/2024 1:51:18 PM
Creation date
8/22/2023 7:48:17 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
23
Date
3/2/2021
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CHICAGO TITLE INSURANCE COMPANY <br />CHARGE <br />(Percentage of <br />applicable Base <br />POLICY <br />Rate unless <br />CLTA NO. <br />DESCRIPTION <br />FORM <br />otherwise indicated) <br />108.9 <br />Additional Advance - D.V.A. <br />Owners <br />Applicable Owner's <br />(Owner) <br />Premium — based <br />on type of policy at <br />amount of advance. <br />DVA Owners <br />applicable rate base <br />upon type of policy <br />and amount of <br />advance. <br />108.10-06 <br />Revolving Credit Loan, <br />Lender: All <br />80% of basic rate <br />Increase (Lender) <br />Policies <br />based on the <br />amount of the <br />advance. <br />109 <br />Oil and Gas Lease, No <br />Owner: <br />Assignments (Owner or <br />Standard <br />20% <br />Lender) <br />Lender: <br />Standard <br />20% <br />110.1-06 <br />Deletion of Item From Policy <br />Owner_ All <br />(Owner or Lender) <br />Policies <br />$100 <br />Lender: All <br />Policies <br />$100 <br />110.3-06 <br />Minerals, Conveyance of <br />Owner: <br />Surface Rights (Owner or <br />Extended <br />10% <br />Lender) <br />Standard <br />20% <br />Lender: <br />Extended <br />10% <br />Standard <br />10% <br />110.4-06 <br />Modification Mortgage <br />Lender: <br />(Lender) <br />Extended <br />20% based upon <br />loan balance, <br />minimum $150 <br />85 <br />State of California <br />Effective: August 22, 2018 <br />
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