HomeMy WebLinkAbouttitle report off e-mail.pdf Jeff Manley
From: MIKE YOUNG <mikeyoung2020@mac.com>
Sent: Wednesday, October 12, 2016 7:37 AM
To: jeff Manley
Subject: Fwd: Commitment (2655 DAVOS TRAIL AKA LOT 18 BLK B VAIL RIDGE)(buyer/owner
SENTRY CONSTRUCTION INC., AN ILLINOIS CORPORATION)(our 50043145)
Begin forwarded message:
From: eaglecountyrequests(c�ltgc.com
Subject: Commitment (2655 DAVOS TRAIL AKA LOT 18 BLK B VAIL
RIDGE)(buyer/owner SENTRY CONSTRUCTION INC., AN ILLINOIS
CORPORATION)(our 50043145)
Date: March 10, 2016 at 8:53:21 AM MST
To: danean(a vail.net, cpattersonItgc.com, dwolf@vail.net
Hrotecti.
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Commitment
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Reviewed ILC, deleted ILC requirement and added an exception
Associated Documents
•I Commitment
• Tax Certificate, Parcel Id: R013561
• All documents as one PDF
Navigating and Understanding your Title Commitment Summary
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•Green underlined text indicates changes from the previous Title Summary
For general information on title insurance, please refer to http://www.alta.org/consumer
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Commitment Summary-2655 DAVOS TRAIL AKA LOT 18 BLK B VAIL RIDGE (V50043145-2)
View Printable Version
Table of Contents _
•I_TGC Contacts
•Delivery Parties
*Order Information
•Jesting (24 month Chain of Title)
•Wire Instructions
•Title Fees
•Schedule A
•Requirements
•Exceptions
•Disclosure
Your Land Title Guarantee Company Contacts4(back to top)
For Closing Assistance For Title Assistance
Charis Patterson VAIL TITLE DEPARTMENT
0090 BENCHMARK RD#205 610 WEST LIONSHEAD CIRCLE#300
PO BOX 3480 VAIL,CO 81657
AVON,CO 81620 970-477-4500(phone)
970-748-4784(phone) 970-476-4534(fax)
877-408-7373 (fax) eaglecountyrequests@ltgc.com
cpatterson@ltgc.com
Company License: C044565
Commitment Delivery Parties4(back to top)
Buyer/Borrower Agent for Buyer
SENTRY CONSTRUCTION BERKSHIRE HATHAWAY HOME SERVICES COLORADO
Delivered via: Electronic Mail PROPERTIES
Attention:DANEAN BOUKATHER
511 LIONSHEAD MALL
VAIL,CO 81657
970-476-2482(work)
970-476-6499(work fax)
danean@vail.net
Delivered via:Electronic Mail
Seller/Owner Attorney for Seller
RICHARD J TAVOSO AND LEANNE E MOUNTAIN LAW GROUP
TAVOSO Attention:DANIEL F WOLF
Delivered via: Electronic Mail 953 S FRONTAGE RD W#222
VAIL,CO 81657
970-476-8865 (work)
970-476-0446(work fax)
dwolf@vail.net
Delivered via: Land Custom Delivery
Copies: 1
Order Information4(back to top)
Order Number:
V50043145-2
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Property Address:
2655 DAVOS TRAIL AKA LOT 18 BLK B VAIL RIDGE, VAIL, CO 81657
Buyer/Borrower:
SENTRY CONSTRUCTION INC., AN ILLINOIS CORPORATION
Seller:
RICHARD J. TAVOSO AND LEANNE E. TAVOSO
Vesting Deed(s) / (24 month Chain of Title):
Eagle county recorded 12/28/2006 under reception no. 200635421
Eagle county recorded 12/28/2006 under reception no. 200635420
Eagle county recorded 8/15/2003 under reception no. 844281
Eagle county recorded 8/28/1998 under reception no. 667605
Wire Instructionsti (back to top)
Bank: FIRSTBANK OF COLORADO
Address: 10403 W COLFAX AVENUE
LAKEWOOD, CO 80215
Phone: 303-237-5000
Credit: LAND TITLE GUARANTEE COMPANY
ABA No: 107005047
Account: 2160521825
Attention: Charis Patterson
Estimate of Title Fees4(back to top)
ALTA Owners Policy 06-17-06 $1,865.00
Deletion of General Exceptions 1-4 $65.00
Tax Certificate $21.00
$1,951.00
Schedule A4(back to top)
Property Address:
2655 DAVOS TRAIL AKA LOT 18 BLK B VAIL RIDGE, VAIL, CO 81657
1. Effective Date:
02-29-2016 at 05:00:00
2. Policy to be Issued and Proposed Insured:
"ALTA" Owner's Policy 06-17-06 $700,000.00
Proposed Insured:
SENTRY CONSTRUCTION INC.,AN ILLINOIS CORPORATION
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:
RICHARD J. TAVOSO AND LEANNE E. TAVOSO
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5. The Land referred to in this Commitment is described as follows:
LOT 18, BLOCK B, VAIL RIDGE SUBDIVISION, ACCORDING TO THE RECORDED
PLAT THEREOF, COUNTY OF EAGLE, STATE OF COLORADO.
Plat Map(s):
Eagle county recorded 2/18/1966 under reception no. 103252 map id V/20
APN(s):
210314203027
Tax Certificate(s):
Tax Certificate<br/>Parcel Id: R013561
Requirements.(back to top)
Payment to or for the account of the grantors or mortgagors of the full consideration for the
estate or interest to be insured.
Proper instrument(s)creating the estate or interest to be insured must be executed and duly filed
for record,to-wit:
1. (ITEM INTENTIONALLY DELETED)
2. EVIDENCE SATISFACTORY TO THE COMPANY THAT THE TERMS,CONDITIONS AND
PROVISIONS OF THE TOWN OF VAIL TRANSFER TAX HAVE BEEN SATISFIED.
3. WARRANTY DEED FROM RICHARD J. TAVOSO AND LEANNE E. TAVOSO TO SENTRY
CONSTRUCTION INC.,AN ILLINOIS CORPORATION CONVEYING SUBJECT PROPERTY.
REQUIREMENTS TO PROVIDE OWNER'S COVERAGE IN THE OWNER'S POLICY TO BE
ISSUED
A.UPON RECEIPT BY THE COMPANY OF A SATISFACTORY FINAL AFFIDAVIT AND
AGREEMENT FROM THE SELLER AND PROPOSED INSURED,AND AN IMPROVEMENT
LOCATION CERTIFICATE OF THE LAND,EXCEPTIONS 1 THROUGH 4 OF THE STANDARD
EXCEPTIONS WILL BE DELETED.ANY ADVERSE MATTERS DISCLOSED BY THE FINAL
AFFIDAVIT AND AGREEMENT AND IMPROVEMENT LOCATION CERTIFICATE WILL BE
ADDED AS EXCEPTIONS.
B.IF LAND TITLE GUARANTEE COMPANY CONDUCTS THE CLOSING OF THE
CONTEMPLATED TRANSACTIONS AND RECORDS THE DOCUMENTS IN CONNECTION
THEREWITH,EXCEPTION NO. 5 OF THE STANDARD EXCEPTIONS WILL BE DELETED.
C.UPON RECEIPT OF PROOF OF PAYMENT OF ALL PRIOR YEARS'TAXES AND
ASSESSMENTS,EXCEPTION NO. 6 OF THE STANDARD EXCEPTIONS WILL BE AMENDED
TO READ:
TAXES AND ASSESSMENTS FOR THE YEAR 2016 AND SUBSEQUENT YEARS.
Exceptionsikback 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.
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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. (a)Taxes or assessments that are not shown as existing liens by the records of any taxing
authority that levies taxes or assessments on real property or by the Public Records; (b)
proceedings by a public agency that may result in taxes or assessments,or notices of such
proceedings,whether or not shown by the records of such agency or by the Public Records.
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 AUGUST 11, 1900,IN
BOOK 48 AT PAGE 236.
9. MINERAL RESERVATION AS SET FORTH ON DEED RECORDED JANUARY 2, 1960 IN
BOOK 165 AT PAGE 133.
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 MARCH 09, 1966,IN BOOK 192 AT
PAGE 235AND AS AMENDED IN INSTRUMENT RECORDED APRIL 12, 1968,IN BOOK 212
AT PAGE 678.
11. RIGHT OF WAY FOR ALL WATER DITCHES CROSSING THE WITHIN DESCRIBED
PROPERTY TOGETHER WITH THE RIGHT OF INGRESS AND EGRESS FOR THE PURPOSE
OF MAINTAINING SUCH DITCHES,RESERVED IN DEED RECORDED APRIL 21, 1965 IN
BOOK 188 AT PAGE 225.
12. RESERVATION OF A 10 PERCENT NON-PARTICIPATING ROYALTY INTEREST AS
CONTAINED IN DEED RECORDED OCTOBER 30, 1962 IN BOOK 166 AT PAGE 407.
11 EASEMENTS,CONDITIONS,COVENANTS,RESTRICTIONS,RESERVATIONS AND NOTES
ON THE PLAT OF VAIL RIDGE SUBDIVISION RECORDED FEBRUARY 18, 1966 UNDER
RECEPTION NO. 103252.
14. MATTERS DISCLOSED ON IMPROVEMENT LOCATION CERTIFICATE ISSUED BY
MARLIN ENGINEERING LLC CERTIFIED MARCH 08,2016,JOB NO. 16012 INCLUDING
BUT NOT LIMITED TO THE EFFECT OF THE ASPHALT DRIVEWAY FROM LOT 19
ENCROACHING ONTO THE SUBJECT PROPERTY.
SAID DOCUMENT STORED AS OUR ESI 26574600.
Disclosure Statements4(back to top)
LAND TITLE GUARANTEE COMPANY and LAND TITLE GUARANTEE COMPANY-
GRAND JUNCTION DISCLOSURE STATEMENTS
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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 will be obtained from the county
treasurer of the county in which the real property is located or that county treasurer's authorized
agent unless the proposed insured provides written instructions to the contrary. (for an Owner's
Policy of Title Insurance pertaining to a sale of residential real property)
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; and
2. 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.
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