Vesting of Title
Underwriting Manuals
Standard Exceptions
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Table of Contents
VES
Vesting of Title
When title is doubtful and you except to a claimed interest, the Company prefers to refer to that interest in Schedule A.
Exceptions
VESX01
STG
12/01/1995
V
2
Ownership Subject to Rights of Others
____________________, subject to Item No. _______ of Schedule B.
Comment: If ownership is doubtful, disputed, or subject to cure by deeds, the Company prefers that the commitment (and any policy if not cured) refer to the adverse title or interest in the vesting recital.
Comment: If ownership is doubtful, disputed, or subject to cure by deeds, the Company prefers that the commitment (and any policy if not cured) refer to the adverse title or interest in the vesting recital.
See Underwriting Manual
Schedule A
VESS01
STG
12/01/1995
V
2
Insured as Their Interests Appear
____________________, as their respective interests appear.
Comment: The Company sometimes insures a contract by showing title in the seller and buyer as their interests may appear and by recording (and excepting to) the contract.
Comment: The Company sometimes insures a contract by showing title in the seller and buyer as their interests may appear and by recording (and excepting to) the contract.