INSTRUCTIONS FOR ALTA ENDORSEMENT FORM 19.1-06
CONTIGUITY – SINGLE PARCEL
PURPOSE OF ENDORSEMENT
The ALTA 19.1-06 Contiguity – Single Parcel Endorsement is used when the Land is a single parcel and the lender or owner wants coverage against loss caused by the failure of the Land to be contiguous with an adjoining property along a common boundary.
The endorsement must refer to the adjoining parcel and specify the common boundary between the Land and that parcel. For example, the endorsement could insure against the "failure of the Land to be contiguous to property shown as Parcel 2B, 2.54 acres, on a map entitled 'Map of Haven Industrial Park' along the northerly boundary of the Land."
UNDERWRITING REQUIREMENTS
To issue the endorsement, the agent must ascertain that the Land included in the Property Description shares a common boundary with an adjoining parcel.
- To include this endorsement on an Owner's Policy, there must be a currentALTA survey certified to CATIC, or equivalent satisfactory to CATIC,showing that the Land and the other parcel identified in the endorsement are contiguous along the common boundary line referred to in numbered paragraph 1 of the endorsement.If there is a current survey certified to CATIC showing the common boundary referred to in the endorsement, then there is no additional charge for the endorsement. If the survey is not current or is not certified to CATIC, then there is an extra premium charge for the endorsement. If there is no survey showing the common boundary, the endorsement is not available for an Owner Policy.
- To include this endorsement on a Loan Policy, there must be either: (1) a survey such as the one referred to above; or (2) a property descriptionof the Land clearly describing the Land as bounded by the adjoining parcel along the common boundary line referred to in numbered paragraph 1 of the endorsement.If there is no current survey certified to CATIC available, then there is an additional premium charge for this endorsement.
In either case, there must be no strips of land, passageways, easements or roads or other gaps separating the parcels from one another.
Please complete the endorsement by specifically identifying the adjoining parcel as well as the common, contiguous boundary line identified in the endorsement.
ADDITIONAL PREMIUM
Because of the risks associated with this endorsement, an additional premium is required each time this endorsement is issued unless a current survey certified to CATIC is provided showing that the Land and the other parcel to be identified in the endorsement are contiguous along the boundary to be referred to in the endorsement. The additional premium is ten percent (10%) of the regular, gross premium charged.
Please contact a member of CATIC's underwriting staff if there are questions about the issuance of this endorsement.
CONTIGUITY – SINGLEPARCEL ENDORSEMENT
Attached to and made a part of Policy No.
The Company insures against loss or damage sustained by the Insured by reason of:
1.the failure of the Land to be contiguous to [describe the land that is contiguous to the Land by its legal description or by reference to a recorded instrument – e.g., “… that certain parcel of real property legally described in the deed recorded as Instrument No. , records of Town or County, State of ] along the boundary line[s]; or
2.the presence of any gaps, strips, or gores separating the contiguous boundary lines described above.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements to it.
/ CATICBy
JAMES M. CZAPIGA, PRESIDENT
ALTA Endorsement 19.1-06 – Contiguity – SingleParcel (6/17/06)