Foreign Buyers Guide to Buying a Home in Arizona USA For US citizens and residents | Page 21

Eagle owner ' s Policy

Compare First American’ s Eagle Owner’ s Policy
EAGLE
ALTA Standard
Protection from:
1
Someone else owns an interest in your title
2
A document is not properly signed
3
Forgery, fraud, duress in the chain of title
4
Defective recording of any document
5
There are restrictive covenants
6 There is a lien on your title because there is:
a) a deed of trust
b) a judgement, tax, or special assessment
c) a charge by a homeowner’ s association
7
Title is unmarketable
8
Mechanics lien
9 Forced removal of a structure because it: a) extends on another property and / or easement b) violates a restriction in Schedule B c) violates an existing zoning law * Cannot use the land for a Single-Family Residence because the use violates a restriction in Schedule B or a zoning
10 ordinance
11
Unrecorded lien by a homeowners association
12
Unrecorded easements
13
Building permit violations *
14
Restrictive covenant violations
15
Post-policy forgery
16
Post-policy encroachment
17
Post-policy damage from extraction of minerals or water
18
Lack of vehicular and pedestrian access
19
Map not consistent with legal description
20
Post-policy adverse possession
21
Post-policy prescriptive easement
22
Covenant violation resulting in your title reverting to a previous owner
23
Violation of building setback regulations
24
Discriminatory covenants
Other benefits:
25
Pays rent for substitute land or facilities
26
Rights under unrecorded leases
27
Plain language statements of policy coverage and restrictions
28
Subdivision Law Violation
29
Coverage for boundary wall or fence encroachment *
30
Added ownership coverage leads to enhanced marketability
31
Insurance coverage for a lifetime
32
Post-policy inflation coverage with automatic increase in value up to 150 % over five years
33
Post-policy Living Trust coverage
* Deductible and maximum limits apply. Coverage may vary based on an individual policy.
As with any insurance contract, the insuring provisions express the coverage afforded by the title insurance policy and there are exceptions, exclusions and conditions to coverage that limit or narrow the coverage afforded by the policy. Also, some coverage may not be available in a particular area or transaction due to legal, regulatory, or underwriting considerations. Please contact a First American representative for further information. The services described above are typical basic services. The services provided to you may be different due to the specifics of your transaction or the location of the real property involved.
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