Standard Exceptions
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Revision as of 07:51, 28 June 2019 by Davidjenkins (talk | contribs)
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.
