Title Insurance Requirements Checklist (Lender)

Summary

This title insurance requirements checklist sets forth some of the items that a commercial real estate lender may require for its lender's title insurance policy. An attorney should use this checklist in conjunction with his or her review of the preliminary title report and proforma title policy. Note that this checklist is not exhaustive of all of the requirements needed in a lender's title insurance policy. Requirements will vary depending on a number of factors such as the size and complexity of the transaction, the nature of the mortgaged property, and the location of the mortgaged property. In addition, the coverage and endorsements available for a lender's title insurance policy will vary from state to state.