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Buyers' Endorsements

Endorsement Name Description
Buyer's Aggregation Used to combine coverage under the EAGLE 9® UCC Insurance Policy for Buyers with coverage under a First American land title policy, with a combined policy maximum coverage regardless of under which policy a claim is made.
Increase in Tax Lien Coverage over $250K Increases the dollar limitation on coverage set forth in insuring clause 5 of the Buyer's Policy.
Equity Ownership Insures that specified equity interests in stated Registered Organizations acquired by the Insured are included within the "Collateral" that is covered by the Policy and that the buyer of the equity is a "Protected Purchaser" under Article 8 fo the UCC, thereby providing true equity ownership coverage.
Increase in Insuring Clause Coverage Limitations above $250K Increases the coverage limits for either of insuring clause 2 (Security Interest of other than the Seller) or insuring clause 4 (Lien of any Lien Creditor).
Pending Suits and Judgments Protects the buyer with respect to any litigation pending or judgments entered in the covered jurisdictions and courts of record before the Search through Date and disclosed on the Pending Suits and Judgments Search Report as defined in the endorsement.

 


"As with any insurance contract, there are exceptions, exclusions, and conditions to coverage contained in the policy. Some coverages may not be available in your area, or for your transaction, due to legal, regulatory, or underwriting considerations. Depending on the states involved, First American's EAGLE 9® UCC Insurance Policies are issued through either First American Title Insurance Company or First American Property & Casualty Insurance Company, members of The First American Family of Companies. Please contact us for further information."
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