12-05-2014, 11:54 AM
quote:
Originally posted by Karma96749
I called First American Title, and received the following response:
"if Buyers at the time they did their purchase gets an Eagle policy it will be ok and they would be covered. However if a Standard policy is issued instead which always will apply for vacant lots usually, then they will need to request from title at the time the deeds conveyed to their trust for a endorsement CLTA 107.9, which has a fee of $150.00."
Luckily, we have the Eagle policy.
The Eagle Policy did not exist in 1998. But yes now it will cover it.
Attorneys making the title transfers were advised in 1998 or 1999 to start looking for this and making provisions for their clients, such as adding coverage.