NJRB 5-164 Survey (Without Survey) for Residential Condominiums and Co-Operatives Endorsement (11-1-23)

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NJRB 5-164 Survey (Without Survey) for Residential Condominiums and Co-Operatives Endorsement (11-1-23)

Form Document
09/11/2019
V 5

NJRB 5-164 SURVEY ENDORSEMENT (WITHOUT SURVEY) FOR RESIDENTIAL CONDOMINIUMS AND CO-OPERATIVES 
THIS ENDORSEMENT IS ISSUED AS PART OF POLICY NUMBER ______________________

ISSUED BY
STEWART TITLE GUARANTY COMPANY

Exception No. ____ is removed. Unless an exception is taken in Schedule B, the policy insures against loss or damage arising from any encumbrance, violation, variation, adverse circumstance, boundary line overlap, or encroachment (including an encroachment of an improvement across the boundary lines of the Land) affecting the Title that would have been disclosed by an accurate and complete land title survey or survey certificate of the Land.

If the Land is not a residential condominium or co-operative unit, this endorsement is void.  The insurance afforded by this endorsement covers only the residential condominium or co-operative unit, and does not extend to common elements or non-contiguous limited common elements appurtenant to the unit.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.

No guidelines are available for this form at this time.