CLTA Exercise of Surface Rights for Extraction of Water Endorsement Guideline 103.5
Explanation:Provides an owner or lender with insurance against loss by reason of damage to existing improvements resulting from the extraction or development of water.
Underwriting Requirements:Title personnel must have the approval of the appropriate Stewart Title Guaranty underwriting personnel before issuing the endorsement.
The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.
Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.
This guideline applies to the following form(s):None