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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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Last modified
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 />119.6-06 <br />Leasehold Loan (Lender) <br />Lender: <br />(ALTA 13.1-06) <br />Extended <br />N/C <br />Standard <br />NIC <br />120.2 <br />Subordination of Prior <br />Owner: <br />Mortgage Lease (Owner or <br />Extended <br />20% <br />Lender -Leasehold Policies, <br />Standard <br />20% <br />only) <br />Lender: <br />Extended <br />20% <br />Standard <br />20% <br />122-06 <br />Construction Lender Advance <br />Lender: <br />Full disbursement at <br />(Lender) <br />Extended <br />time policy is <br />issued: 15%, Min <br />$300, No Max; <br />separate advances <br />15% based on <br />amount of advance <br />with Min $100 and <br />Max $300. <br />93 <br />State of California <br />Effective: August 22, 2018 <br />
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