APL
Appeal
When insuring title based upon a judgment, order, or decree (e.g., vesting title, ordering sale, ordering foreclosure) that is not yet final and nonappealable, you must require that the appeal period lapse or make an exception to lack of finality.
Requirement
APLR01 STG
Appealable Judgment, Order, or Decree
The Company requires satisfactory evidence that the judgment order, or decree dated ________________ and entered _____________ is final and non-appealable. At that time, the Company may make additional requirements or exceptions.
Note: You may add additional local exceptions here. Please consult with our underwriting personnel in preparing appropriate provisions.
Comment: When insuring based upon a judgment, order, or decree (e.g., vesting title, ordering sale, ordering foreclosure) that is not yet final and nonappealable, you must require that the appeal period lapse, or make an exception to lack of finality.
Exception
APLX01 ALTA
Appealable Judgment, Order, or Decree
Right of appeal or review of that judgment, order, or decree (Case No. ______) dated _____________ and entered _______________, and the effect of any appeal or review.
Note: You may add additional local exceptions here. Please consult with our underwriting personnel in preparing appropriate provisions.
Comment: When insuring title based upon a judgment order, or decree (e.g., vesting title, ordering sale, ordering foreclosure) that is not yet final and nonappealable, you must require that the appeal period lapse, or make an exception to lack of finality.