Guideline: ALTA Short Form Residential Limited Coverage Junior Loan Policy - 1996 and ALTA Short Form Residential Limited Coverage Junior Loan Policy (Revised 04-02-13)

Explanation:

This form shortens the ALTA Residential Limited Coverage Junior Loan Policy by incorporating within it by reference the Covered Risks, Exclusions From Coverage, and Conditions of that policy.

Underwriting Requirements:

Issue the ALTA Short Form Residential Limited Coverage Junior Loan Policy based upon the same guidelines that apply to the ALTA Residential Limited Coverage Junior Loan Policy. If you do not have enough room on the form for the Exceptions, you may mark the line which states "________ Addendum containing additional exceptions attached" and then add the Exceptions on an Addendum.

The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.