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Commitment Summary - 1418 VAIL VALLEY DRIVE #E AKA LOT 19E BLK 3 VAIL VALLEY
(50038547)
View Printable Version
Table of Contents
•LTGC Contacts
•Delivery Parties
•Order Information
•Vesting (24 month Chain of Title)
•Wire Instructions
•Title Fees
•Schedule A
•Requirements
•Exceptions
•Disclosure
Your Land Title Guarantee Company Contacts (back to top)
For Title Assistance
VAIL TITLE DEPT.
610 WEST LIONSHEAD CIRCLE #200
VAIL, CO 81657
970-477-4522 (phone)
970-476-4534 (fax)
eaglecountyrequests@ltgc.com
Commitment Delivery Parties (back to top)
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Order Information (back to top)
Order Number:
50038547
Property Address:
1418 VAIL VALLEY DRIVE #E AKA LOT 19E BLK 3 VAIL VALLEY, VAIL, CO 81657
Buyer/Borrower:
A BUYER TO BE DETERMINED
Seller:
1418 VAIL VALLEY DRIVE, LLC, A COLORADO LIMITED LIABILITY COMPANY
Vesting Deed(s) / (24 month Chain of Title):
Eagle county recorded 5/28/2010 under reception no. 10043
Eagle county recorded 9/23/2008 under reception no. 20406
Eagle county recorded 7/25/2005 under reception no. 923653
Wire Instructions (back to top)
Bank:
Address:
Phone:
Credit:
ABA No:
Account:
FIRSTBANK OF COLORADO
10403 W COLFAX AVENUE
LAKEWOOD, CO 80215
303-237-5000
LAND TITLE GUARANTEE COMPANY
107005047
2160521825
Estimate of Title Fees (back to top)
TBD Commitment
TBD - TBD Income VA-7909
$100.00
-$100.00
$0.00
Schedule A (back to top)
Property Address:
1418 VAIL VALLEY DRIVE #E AKA LOT 19E BLK 3 VAIL VALLEY, VAIL, CO 81657
1. Effective Date:
04-29-2014 at 17:00:00
2. Policy to be Issued and Proposed Insured:
"TBD" Commitment
Proposed Insured:
A BUYER TO BE DETERMINED
$0.00
3. The estate or interest in the land described or referred to in this
Commitment and covered herein is:
A FEE SIMPLE
4. Title to the estate or interest covered herein is at the effective date hereof
vested in:
1418 VAIL VALLEY DRIVE, LLC, A COLORADO LIMITED LIABILITY COMPANY
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5. The Land referred to in this Commitment is described as follows:
LOT 19E, VAIL VALLEY-FIRST FILING, A RESUBDIVISION OF LOT 19, BLOCK 3,
ACCORDING TO THE DUPLEX PLAT RECORDED AUGUST 31, 2006 UNDER
RECEPTION NO. 200623787, COUNTY OF EAGLE, STATE OF COLORADO.
Plat Map(s):
Eagle county recorded 8/31/2006 under reception no. 23787 map id V/381
APN(s):
210109207023
Requirements (back to top)
Item (a) Payment to or for the account of the grantors or mortgagors of
the full consideration for the estate or interest to be insured.
Item (b) Proper instrument(s) creating the estate or interest to be insured
must be executed and duly filed for record, to-wit:
Item (c) Payment of all taxes, charges or assessments levied and assessed
against the subject premises which are due and payable.
Item (d) Additional requirements, if any disclosed below:
THIS COMMITMENT IS FOR INFORMATION ONLY, AND NO POLICY WILL BE ISSUED
PURSUANT HERETO.
Exceptions (back to top)
1. Any facts, rights, interests, or claims thereof, not shown by the Public
Records but that could be ascertained by an inspection of the Land or
that may be asserted by persons in possession of the Land.
2. Easements, liens or encumbrances, or claims thereof, not shown by the
Public Records.
3. Any encroachment, encumbrance, violation, variation, or adverse
circumstance affecting the Title that would be disclosed by an accurate
and complete land survey of the Land and not shown by the Public
Records.
4. Any lien, or right to a lien, for services, labor or material heretofore or
hereafter furnished, imposed by law and not shown by the Public
Records.
5. Defects, liens, encumbrances, adverse claims or other matters, if any,
created, first appearing in the public records or attaching subsequent to
the effective date hereof but prior to the date of the proposed insured
acquires of record for value the estate or interest or mortgage thereon
covered by this Commitment.
6. Any and all unpaid taxes, assessments and unredeemed tax sales.
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7.(a) Unpatented mining claims; (b) reservations or exceptions in patents
or in Acts authorizing the issuance thereof; (c) water rights, claims or
title to water.
8. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS
ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT
THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED JUNE 29,
1903, IN BOOK 48 AT PAGE 495.
9. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY
OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED
JUNE 29, 1903, IN BOOK 48 AT PAGE 495.
10. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR
REVERTER CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF
ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION,
FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL
ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE
STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR
RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED IN
INSTRUMENT RECORDED APRIL 13, 1970, IN BOOK 217 AT PAGE 406.
11. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND
NOTES ON THE PLAT OF VAIL VALLEY, FIRST FILING RECORDED MAY 12, 1970
IN BOOK 217 AT PAGE 609.
12. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND
NOTES ON THE DUPLEX PLAT OF VAIL VALLEY FIRST FILING, A RESUBDIVISION
OF LOT 19, BLOCK 3 RECORDED AUGUST 31, 2006 UNDER RECEPTION NO.
23787.
13. TERMS, CONDITIONS AND PROVISIONS OF PARTWALL AGREEMENT AND
DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS BUT
OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL
STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE
OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT
TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY
APPLICABLE LAW AS CONTAINED IN INSTRUMENT RECORDED AUGUST 31,
2006 AT RECEPTION NO. 200623788 AND AS AMENDED IN INSTRUMENT
RECORDED MAY 24, 2007 UNDER RECEPTION NO. 200713604.
14. TERMS, CONDITIONS AND PROVISIONS OF APPLICATION FOR REVOCABLE
PERMIT RECORDED MARCH 25, 2008 AT RECEPTION NO. 200806474.
15. DEED OF TRUST DATED MAY 28, 2010, FROM A BUYER TO BE DETERMINED TO
THE PUBLIC TRUSTEE OF EAGLE COUNTY FOR THE USE OF TO SECURE THE SUM
OF $3,000,000.00 RECORDED MAY 28, 2010, UNDER RECEPTION NO.
201010044.
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Disclosure Statements (back to top)
LAND TITLE GUARANTEE COMPANY and LAND TITLE GUARANTEE COMPANY -
GRAND JUNCTION DISCLOSURE STATEMENTS
Note: Pursuant to CRS 10-11-122, notice is hereby given that:
1. The subject real property may be located in a special taxing district.
2. A Certificate of Taxes Due listing each taxing jurisdiction may be obtained from the County Treasurer's
authorized agent.
3. The information regarding special districts and the boundaries of such districts may be obtained from
the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor.
Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document.
Note: Colorado Division of Insurance Regulations 3-5-1, Paragraph C of Article VII requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued.
Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions:
1. The land described in Schedule A of this commitment must be a single family residence which includes
a condominium or townhouse unit.
2. No labor or materials have been furnished by mechanics or material-men for purposes of construction
on the land described in Schedule A of this Commitment within the past 6 months.
3. The Company must receive an appropriate affidavit indemnifying the Company against un-filed
mechanic's and material-men's liens.
4. The Company must receive payment of the appropriate premium.
5. If there has been construction, improvements or major repairs undertaken on the property to be
purchased within six months prior to the Date of the Commitment, the requirements to obtain
coverage for unrecorded liens will include: disclosure of certain construction information; financial
information as to the seller, the builder and or the contractor; payment of the appropriate premium
fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as
may be necessary after an examination of the aforesaid information by the Company.
No coverage will be given under any circumstances for labor or material for which the insured has
contracted for or agreed to pay.
Note: Pursuant to CRS 10-11-123, notice is hereby given:
This notice applies to owner's policy commitments containing a mineral severance instrument exception, or
exceptions, in Schedule B, Section 2.
1. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed
from the surface estate and that there is a substantial likelihood that a third party holds some or all
interest in oil, gas, other minerals, or geothermal energy in the property; and2. That such mineral estate may include the right to enter and use the property without the surface owner's permission.
NOTE: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading
facts or information to an insurance company for the purpose of defrauding or attempting to defraud the
company. Penalties may include imprisonment, fines, denial of insurance and civil damages. Any insurance
company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts
or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the
policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be
reported to the Colorado division of insurance within the department of regulatory agencies.
Nothing herein contained will be deemed to obligate the company to provide any of the coverages referred
to herein unless the above conditions are fully satisfied.
Open the attached pdf version of the commitment to view our PRIVACY POLICY.
The above links and associated images are provided for information purposes only. They are not guaranteed as to
accuracy, availability or quality.
These images are provided for informational purposes only. They are not guaranteed as to availability or quality.
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