Standard Exceptions

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ALTA Standard Coverage Exceptions

STAX01 - Parties in Possession
Rights or claims of parties in possession not recorded in the Public Records.
STAX02 - Easements
Easements or claims of easements not recorded in the Public Records.
STAX03 - Survey Exception
Any encroachment, encumbrance, violation, variation, or adverse circumstance that would be disclosed by an inspection or an accurate and complete land survey of the Land.
STAX04 - Statutory Liens for Services, Labor, or Material
Any statutory lien for services, labor, or material arising from construction of an improvement or work related to the Land and not recorded in the Public Records.
STAX05
Liens for real estate taxes, assessments and other charges imposed by a governmental authority that are not shown as existing liens by its records.