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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 />107.10-06 <br />Additional insured (Owner or <br />All Policies <br />$150 <br />Lender) <br />107.11-06 <br />Non -Merger after Lender <br />Lender: <br />Acquires Title (Lender) <br />Extended <br />20% <br />108.7 <br />Additional Advance (Lender) <br />Lender: <br />Standard <br />65%, Min $250 <br />based on amt of <br />advance, plus 10% <br />to include }priority <br />insurance over MIL. <br />When issued in <br />conjuc#ion with <br />Modification <br />endorsement, the <br />charge for both <br />endorsements shall <br />be the above <br />charge or the <br />charge for the <br />Modification <br />endorsement, <br />whichever is higher <br />108.8-06 <br />Additional Advance (Lender) <br />Lender: <br />Extended <br />75% based on <br />amount of advance <br />Min $300 When <br />issued in conjuction <br />with Modification <br />endorsement, the <br />charge for both <br />endorsements shall <br />be the above <br />charge or the <br />charge for the <br />Modification <br />endorsement, <br />whichever is higher <br />84 <br />State of Califomia <br />Effective: August 22, 2018 <br />
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