ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE B PART I Order No.: 202 2 - 12345 -SH
REQUIREMENTS
All of the following Requirements must be met: 1.
We e-record documents with the county. Please make excise tax and recording fees payable to Aegis Land Title Group. Recording packages received with excise tax payable to the county will not be recorded the same day. E- Recording Benefits. Recording fees charged by the county are billed as follows: Deeds - $203.50 for the first page and $1.00 for each additional page. Deeds of Trust - $204.50 for the first page and $1.00 for each additional page. Additionally, there is a $4.36 e-recording surcharge per document. 2. Effective January 1, 1997, and pursuant to amendment of Washington State Statutes relating to standardization of recorded documents, certain format and content requirements must be met (refer to RCW 65.04.045). Failure to comply may result in rejection of the document by the recorder or additional fees may be charged, subject to the Auditor’s discretion. 3. All of the following Requirements must be met: The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. • Pay the agreed amount for the estate or interest to be insured. • Pay the premiums, fees, and charges for the Policy to the Company. • Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized executed, delivered, and recorded in the Public Records. 4. To prevent errors and to be certain that the proper land will appear on the documents and on the Policy of title insurance, the Company requires a legal description of the correct land approved by the parties to the transaction.
This page is only a part of a 2016 ALTA ® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; and Schedule B, Part II—Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved.
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 uses are prohibited. Reprinted under license from the American Land Title Association. File No.: 20 22 - 12345 -SH Schedule B I Requirements ALTA Commitment for Title Insurance Page 4 of 12
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