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Chapter 52

Across
A report constituting a revocable offer by a title insurer to issue a policy of title insurance, used by a buyer and escrow for an initial review of the vesting and encumbrances recorded and affecting title to a property.
A statement submitted to the title insurance company by the insured referencing the encumbrance discovered after they were issued the policy, the amount of the loss and the basis for calculating the loss.
Any encumbrances affecting title and any observable on site activities which are listed as risks assumed by the insured and not covered by a policy of title insurance under schedule B
Risks of loss not covered under a policy of title insurance, comprised of encumbrances arising after the transfer or known to or brought about by the insured.
A form of indemnity insurance issued by a title insurance company which holds harmless the named insureds against monetary loss caused by an encumbrance not listed in schedule B of the policy and not known by the insured when the policy was issued.
Down
Exceptions from coverage, both standard and itemized, by the title insurance policy.
A representation issued by a title company as a guarantee to the names person, not an insurance policy, listing all recorded conveyances and encumbrances affecting title to the described real estate.
A claim of lien on title to a parcel of real estate, such as property taxes, assessment bonds, trust deeds, easements and covenants, conditions and restrictions.
Identification of the property interest insured, the legal description of the insured property, the date and time coverage began, the premium paid for the policy and the total dollar amount to be paid for all claims settled.