For Investors

Owners Policy

Issued to the owner, upon the acquisition of the property, for a one-time premium, and effective for the life of the investment, the policy covers losses — including legal expenses — arising out of claims relating to:

• Defects, liens, encumbrances on legal title, including:
• forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation;
• failure of any person or Entity to have authorized a transfer or conveyance;
• a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered;
• a document executed under a falsified, expired, or otherwise invalid power of attorney;
• a document not properly filed, recorded, or indexed in the Public Records;
• a defective judicial or administrative proceeding.
• The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid.
• Right of access
• Additional endorsements, which may include zoning

Loan Policy

Issued to the mortgage lender, at loan closing, for a one-time premium, and effective until maturity, the policy covers losses — including legal expenses — arising out of claims relating to the above Owner’s Policy, and additionally:

• Invalidity or unenforceability of the mortgage
• Prior liens or encumbrances
• Invalidity or unenforceability of any mortgage assignment

Mortgage Pool Policy

Issued to the Trustee of an issue of Commercial Mortgage Backed Securities, for a one-time premium and effective until maturity of the securities, the policy covers losses – including legal expenses – arising out of claims relating to the underlying mortgages in the pool including:

• Legal title
• Invalidity or unenforceability of the mortgages
• Prior liens