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standard exceptions removal michigan: Owner's Policy Standard Exceptions and their removal in Michigan
- 06/22/10 02:01 AM
Owner's Policy Standard Exceptions and their removal in Michigan:
Many times during my career, I have had a buyer tell me: "My (insert lawyer, realtor or friend here) told me that I need to get my owner's policy without Standard Exceptions, whatever that means." This is good advice, but the buyer does not know what a Standard Exception is or why they needed a policy without them.
Exceptions are matters which are not covered by the title policy. Exceptions come in two varieties, Standard Exceptions and Specific Exceptions and are located in Schedule B Section II of the commitment for title … (4 comments)
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Owner's Policy Standard Exceptions and their removal in Michigan:
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