Difference between revisions of "Standard Exceptions in California"
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===Compliance=== | ===Compliance=== | ||
| − | == | + | ===Forms=== |
| − | == | + | ===Search=== |
| − | ==Property Specific Exceptions== | + | ===Examination=== |
| + | |||
| + | ===Curative=== | ||
| + | |||
| + | ===Underwriting=== | ||
| + | |||
| + | ===Production=== | ||
| + | |||
| + | ===Closing & Escrow=== | ||
| + | |||
| + | ===Recording=== | ||
| + | |||
| + | ===Claims=== | ||
| + | |||
| + | ===Pricing=== | ||
| + | |||
| + | ==Types of Exceptions== | ||
| + | |||
| + | ===National Exceptions=== | ||
| + | |||
| + | ===Regional Exceptions=== | ||
| + | |||
| + | Also called the "Western Regional Exceptions", these are a modified version of the national exceptions that are commonly used in California and other Western States. All of these exceptions can be removed from an Owner's or Loan Policy based on paying for Extended Coverage in accordance with the WFG California State Rate Manual. (Section 4.1.2 for Loan Policies in the 2020 Rate Manual). For 1-4 Family SFR properties, the Regional Exceptions can be removed at no extra charge provided that existing institutional financing is being refinanced. (Section 4.5.1). | ||
| + | |||
| + | ===State Exceptions=== | ||
| + | |||
| + | ===Property Specific Exceptions=== | ||
===Recorded=== | ===Recorded=== | ||
| − | ===Not Recorded=====Cross-References== | + | ===Not Recorded=== |
| + | |||
| + | ==Cross-References== | ||
* [[Standard Exceptions]] | * [[Standard Exceptions]] | ||
* [[Title Insurance Commitments]] | * [[Title Insurance Commitments]] | ||
* [[Title Insurance Policies]] | * [[Title Insurance Policies]] | ||
* [[California]] | * [[California]] | ||
| + | ** [[Extended Coverage in California]] | ||
** [[Standard Requirements in California]] | ** [[Standard Requirements in California]] | ||
| − | |||
** [[Title Insurance Commitments in California]] | ** [[Title Insurance Commitments in California]] | ||
** [[Title Insurance Policies in California]] | ** [[Title Insurance Policies in California]] | ||
Latest revision as of 05:58, 27 May 2020
Overview
Sources
Compliance
Forms
Search
Examination
Curative
Underwriting
Production
Closing & Escrow
Recording
Claims
Pricing
Types of Exceptions
National Exceptions
Regional Exceptions
Also called the "Western Regional Exceptions", these are a modified version of the national exceptions that are commonly used in California and other Western States. All of these exceptions can be removed from an Owner's or Loan Policy based on paying for Extended Coverage in accordance with the WFG California State Rate Manual. (Section 4.1.2 for Loan Policies in the 2020 Rate Manual). For 1-4 Family SFR properties, the Regional Exceptions can be removed at no extra charge provided that existing institutional financing is being refinanced. (Section 4.5.1).
