Commonwealth Land Title Insurance Company, NCS

ALTA ENDORSEMENTS - i - SAMPLES AND DESCRIPTIONS The basic coverages provided by the standard American Land Association (“ALTA”) title insurance policies address many of the most common title insurance needs. Often, however, certain insureds or certain aspects of a specific real estate transaction raise special concerns. By requesting an endorsement to the title insurance policy, an insured owner or lender may be able to receive insurance against the risk of suffering loss or damage by reason of a particular matter that is beyond the coverage of the standard policy jacket. This guide is intended to serve as an introduction for our customers to the most commonly requested title insurance endorsements. It contains a brief commentary introduction to each endorsement followed by the text of each such endorsement. Generally, endorsements will provide additional coverage for matters which would ordinarily be excluded by the Exclusions From Coverage, or excepted from coverage shown in Schedule B of the policy either by the regional general exceptions, if applicable, or by specific exceptions. A majority of the endorsements are not general in nature, but are specific as to items for which the insured desires coverage. Some are specifically designed for owner’s policies and others for loan policies. Some endorsements are not available in all circumstances. As you review this guide, please keep in mind that – due to matters such as governmental regulatory standards and local practices – the Company’s ability to approve and issue any of the endorsements contained in the guide may vary from state to state and, in some cases, even by locality. In addition, particular transactions may present special risks that might require additional clearance or requirements than those that are contemplated herein. Also, remember that this guide – by attempting to describe various coverages using non-legal terminology whenever possible – should not be relied upon as a determinative explanation or interpretation of the coverages provided. Rather, the language of each endorsement must be considered to speak for itself. It’s also important to remember that, once approved, an endorsement becomes part of the title insurance policy and that, as a result, the coverage provided by an endorsement is always subject to the other terms and provisions contained in the policy. Finally, remember that this guide is only an introduction to the most common endorsements. Other endorsements are also available to meet additional needs and concerns. In fact, in most jurisdictions, endorsements may be specially crafted to address specific risks and situations. We at Commonwealth Land Title Insurance Company, National Commercial Services thank you for your interest and the opportunity to serve your real estate needs. If you have any questions about any of the material in this guide – or about any of our real estate services – please feel free to contact your National Commercial Services account manager. All publications of the American Land Title Association®, including ALTA® policy forms, endorsements and related documents, are copyrighted and are reprinted herein by specific permission from: American Land Title Association® (ALTA®) 1800 M Street, N.W., Suite 300S Washington, D.C. 20036-5828 Phone: 202.296.3671 Email: service@alta.org Web: www.alta.org The endorsements presented herein are subject to underwriting and other requirements of Commonwealth Land Title Insurance Company, National Commercial Services and may not be available in all states or for all transactions. All information is provided as a courtesy and is deemed reliable but not guaranteed. Please contact your local Account Manager to learn more. INTRODUCTION