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Agenda - Council - 04/11/2017
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Agenda - Council - 04/11/2017
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3/17/2025 3:31:41 PM
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4/10/2017 9:28:31 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/11/2017
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ISSUED BY <br /> COMMERCIAL PARTNERS TITLE, LLC <br /> AS AGENT FOR <br /> CHICAGO TITLE INSURANCE COMPANY <br /> COMMITMENT NUMBER 52156 <br /> SCHEDULE B - PART I <br /> REQUIREMENTS <br /> The following are the requirements to be complied with: <br /> 1. This Commitment was prepared by: <br /> Commercial Partners Title, LLC <br /> 200 South Sixth Street, Suite 1300 <br /> Minneapolis, MN 55402 <br /> Phone: (612) 337-2470 <br /> Fax: (612) 337-2471 <br /> Please direct questions regarding this Commitment to: Doug Berg, Underwriting Counsel, at (612) <br /> 337-2475 and direct questions regarding the closing to: Chelsy Jantsch, Commercial Closer, at (612) <br /> 337-2492. <br /> If you would like to arrange for additional parties to receive this documentation, please contact our <br /> Production Department at (612) 337-2470. <br /> 2. Instruments creating and/or perfecting the priority of the estate or interest(s)to be insured, the form and <br /> execution of which shall be satisfactory to the Company must be executed, delivered and duly filed of <br /> record. <br /> 3. Upon our receipt and review of a standard form of affidavit disclosing no adverse matters, Item Nos. 1, 2, <br /> 4, 5 and 6 of Schedule B- Part II will be deleted from the final policy. Item No. 8 of Schedule B- Part II will <br /> be modified to reflect the interests of specific tenants. A current survey, certified to Commercial Partners <br /> Title, LLC and Fidelity National Title Insurance Company, will be required to delete Item No. 3 of Schedule <br /> B- Part II from the final policy. <br /> 4. We require a Well Disclosure Certificate be completed and furnished at the time of closing for all deeds <br /> that require a Certificate of Real Estate Value, or one of the following statement must be added to the <br /> deed: <br /> The seller certifies that the seller does not know of any wells on the described real property. <br /> or <br /> I am familiar with the property described in this instrument and I certify that the status and number of wells <br /> on the described real property have not changed since the last previously filed well disclosure certificate. <br /> 5. The Tax Reform Act of 1986 requires that the seller provide the following information at the time of <br /> closing: 1. Tax Identification Number 2. Full Forwarding Address. <br /> 6. Commercial Partners Title, LLC does not have the Abstract of Title for the subject property. <br /> ALTA Commitment 52156 <br /> Schedule B-Part 1 (6-17-06) <br />
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