The Post-Policy Date – Encroachments, Restrictions & Work Orders endorsement may be added to a commercial title insurance loan policy. This endorsement provides coverage for loss or damage resulting from the following matters arising after the Date of Policy when the borrower:

• builds something without the required building permit or occupancy permit or that encroaches onto adjoining land or too close to the lot line (in violation of building setback requirements that were in effect on the Date of Policy),

• receives a work order or deficiency notice and doesn’t complete the work,

• violates a covenant, condition, limitation or restriction in a document or instrument registered in the Public Records on the Date of Policy, and

• the borrower’s neighbour builds a structure that encroaches onto the borrower’s land.

The Super Priority Liens – Extended Coverage endorsement may be added to a commercial title insurance loan policy. The loan policy jacket provides coverage for deemed trust claims made by governmental authorities. This endorsement extends the existing title insurance coverage to include super priority lien claims made within 10 years following the discharge of the mortgage.

Note: this coverage is automatically included with all residential title insurance loan policies at no extra cost (institutional AND private lender transactions).