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•� Mrst American Owner's Policy of Title Insurance <br />California (WRE) - 2021 v. 01.00 (07-01-2021) <br />ALTA OWNER'S POLICY OF TITLE INSURANCE <br />issued by <br />FIRST AMERICAN TITLE INSURANCE COMPANY <br />This policy, when issued by the Company with a Policy Number and the Date of Policy, is <br />valid even if this policy or any endorsement to this policy is issued electronically or lacks any <br />signature. <br />Any notice of claim and any other notice or statement in writing required to be given to the <br />Company under this policy must be given to the Company at the address shown in Condition <br />17. <br />COVERED RISKS <br />SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN <br />SCHEDULE B, AND THE CONDITIONS, FIRST AMERICAN TITLE INSURANCE COMPANY, a Nebraska <br />corporation (the "Company', insures as of the Date of Policy and, to the extent stated in Covered Risks 9 <br />and 10, after the Date of Policy, against loss or damage, not exceeding the Amount of Insurance, <br />sustained or incurred by the Insured by reason of: <br />1. The Title being vested other than as stated in Schedule A. <br />2. Any defect in or lien or encumbrance on the Title. Covered Risk 2 includes, but is not limited <br />to, insurance against loss from: <br />a. a defect in the Title caused by: <br />L forgery, fraud, undue influence, duress, incompetency, incapacity, or <br />impersonation; <br />ii. the failure of a person or Entity to have authorized a transfer or conveyance; <br />Iii. a document affecting the Title not properly authorized, created, executed, <br />witnessed, sealed, acknowledged, notarized (including by remote online <br />notarization), or delivered; <br />iv. a failure to perform those acts necessary to create a document by electronic <br />means authorized by law; <br />V. a document executed Linder a falsified, expired, or otherwise invalid power of <br />attorney; <br />Vi. a document not properly filed, recorded, or indexed in the Public Records, <br />including the failure to have performed those acts by electronic means <br />authorized by law; <br />Vii. a defective judicial or administrative proceeding; or <br />viii. the repudiation of an electronic signature by a person that executed a <br />document because the electronic signature on the document was not valid <br />under applicable electronic transactions law. <br />b. the lien of real estate taxes or assessments imposed on the Title by a governmental <br />authority due or payable, but unpaid. <br />C. the effect on the Title of an encumbrance, violation, variation, adverse circumstance, <br />boundary line overlap, or encroachment (including an encroachment of an <br />improvement across the boundary lines of the Land), but only if the encumbrance, <br />* Copyright 2025 First American Financial Corporation. All rights reserved. <br />All Information, data, and material created or compiled by or on behalf of First American Financial Corporation is restricted and may not be copied <br />or used for derivative products/services without the prior express written permission of First American Financial Corporation. <br />** Copyright 2021 American Land Title Association. All rights reserved. <br />The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members In good standing as of the date of use. All other <br />uses are prohibited Reprinted under license from the American Land Title Association. <br />Form 50125406 (5-24-22) Page 23 of 33 <br />PORT,PURCHASE AGREEMENT <br />REV: 10-15-25 VR <br />