INDIRECT ACCESS AND ENTRY (ALTA 17.1-06) (Adopted 6/17/2006)
The Company insures against loss or damage sustained by the Insured if, at Date of Policy (i) the easement identified [as Parcel _______________] in Schedule A (the “Easement”) does not provide that portion of the Land identified [as Parcel _____________] in Schedule A both actual vehicular and pedestrian access to and from [insert name of street, road, or highway] (the “Street”), (ii) the Street is not physically open and publicly maintained, or (iii) the Insured has no right to use existing curb cuts or entries along that portion of the Street abutting the Easement.
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.
Title Insurance in Minnesota
At Commercial Partners Title Company, our team consists of escrow agents, title closers, underwriters, and more! We have decades of experience and are ready to help you through all the details of your commercial transaction. Our team of title closers, escrow agents, and underwriters is standing by to assist you. Contact us today to learn more about our experts and how we can help you with your next commercial real estate transaction. You can find us easily at our primary office located in downtown Minneapolis. We look forward to serving you!