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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
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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 />101.12-06 <br />Mechanics' Liens, No Notice <br />Owner: <br />of Completion (Owner) <br />Extended <br />20% based on the <br />proportionate <br />amount of the loan <br />applicable to the <br />land under to be <br />covered by the <br />Mechanics' Lien <br />insurance <br />101.13-06 <br />Mechanics' Lien, Notice of <br />Lender: <br />Completion (Lender) <br />Extended <br />10% <br />102.4-06 <br />Foundation (Lender) <br />Lender: All <br />10%, <br />Policies <br />Min, $50 <br />Max $750 <br />102.5-06 <br />Foundation (Lender) <br />Lender. All <br />15%, <br />Policies <br />Min $100, <br />Max $1,000 <br />102.6-06 <br />Foundation, Portion of <br />Lender: All <br />15%, <br />Premises (Lender) <br />Policies <br />Min. $50, <br />Max. $1,000 <br />102.7-06 <br />Foundation, Portion of <br />Lender: All <br />15%, <br />Premises (Lender) <br />Policies <br />Min. $50, <br />Max. $1,000 <br />103.1-06 (ALTA <br />Easement, Damage or <br />Lender: <br />28-06) <br />Enforced Removal (Owner or <br />Extended <br />NIC <br />Lender) <br />Standard <br />20% <br />Owner: <br />Extended <br />20% <br />Standard <br />20% <br />103.2-06 <br />Easement Damages — Use or <br />Lender: <br />_ <br />Maintenance (Lender) <br />Extended <br />$25 <br />Standard <br />10% <br />103.3-06 <br />Easement, Existing <br />Lender: <br />Encroachment, Enforced <br />Extended <br />NIC <br />Removal (Lender) <br />Standard <br />10% <br />103.4-06 <br />Easement, Access to Public <br />Owner: All <br />20%, Max. $300 <br />Street (Owner's or Lender's) <br />Policies <br />Lender: All <br />10%, Max. $250 <br />Policies <br />80 <br />State of California <br />Effective: August 22, 2018 <br />
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