Schedule B

January 21, 2019
Published by Underwriting Department on January 21, 2019
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Underwriting Q&A: What is the correct exception in Schedule B when finding a memorandum [of lease, of agreement, etc.] recorded in the Public or Official Records which affects the property? When can this exception be removed?

A:  The exception would properly read as follows:  “Terms, conditions and stipulations of the [lease or agreement] as evidenced by Memorandum of [Lease/Agreement/etc.] recorded as [document/instrument] […]
Underwriting DepartmentUnderwriting Department January 21, 2019
November 16, 2016
Published by Underwriting Department on November 16, 2016
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Underwriting Q & A | May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”?

Q:   May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”? A:  Short Answer is […]
Underwriting DepartmentUnderwriting Department November 16, 2016
November 18, 2015
Published by NolaAnn Waggoner on November 18, 2015
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Q & A | May we pay the property taxes for 2015 and insure that 2016 taxes are “not yet due and payable”?

Q: May we pay the property taxes for 2015 and insure that 2016 taxes are “not yet due and payable”? A: Short Answer is “no”.   Please […]
NolaAnn WaggonerNolaAnn Waggoner November 18, 2015