TIRSA OWNER'S EXTENDED PROTECTION POLICY (TOEPP)

TOEPP Title Insurance covers actual loss for the following:
• A third party claims an interest in your title
• A document is not properly signed
• Pre-Policy Forgery
• Defective recording of any document
• Undisclosed restrictive covenants
• “Gap” Coverage
• Lien on your property from judgment, HOA dues, mortgage
• Title is unmarketable
• Actual vehicular and pedestrian access, not just technical legal access
• Forced correction or removal of a violation of any covenant or restriction
• Forced removal of a structure encroaching into a setback or easement
• Forced removal of a boundary wall or fence*
• Forced removal of a structure built without building permit*
• Forced removal of a structure built in violation of zoning regulations*
• Forced removal of a boundary wall or fence encroaching a neighbor’s lot*
• Inability to obtain building permit due to a subdivision rule violation*
• A claim for right to an easement arising post-policy
• A claim for coverage for Trustee or Beneficiary arising post-policy
• A claim for Adverse Possession, Prescriptive Easement, or Encroachment arising post policy
• Increase in amount of coverage up to 150% of the original coverage (insured) amount.

NOTE: The Market Value Rider (“MVR”) will increase the title insurance coverage amount to the market value of the original structures and land at the time at which a loss occurs. If you want the MVR as well as TOEPP, the cost of the MVR is reduced from 10% to 5% of the Standard ALTA premium. Consequently, the purchase of TOEPP along with the MVR will increase the cost of the Standard ALTA premium by 25%.