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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. Inv tm r - Land Title 4 � = Title -- - . f l Commitment View this email in full HTML in your browser 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 •Click on the blue links in the Table of Contents to go to a specific section •Click on theti (back to top)links to return to the top of the email •Click on the blue links within the body of the email to view a related document •Click on a blue email address link in the Contacts section to send an email to that party •Green underlined text indicates changes from the previous Title Summary For general information on title insurance, please refer to http://www.alta.org/consumer 1 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 2 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 3 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. 4 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 5 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. 6 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. These documents are PDF (Portable Document Format) files and can be viewed or printed with Adobe Acrobat ReaderTM. If you do not have Adobe Acrobat ReaderTM on your system, you can download it for free from Adobe. Some of these documents may be designed to print on LEGAL paper. To print these on LETTER paper, select the "Fit to Page" option from within the Acrobat Reader. If you want to print on LEGAL paper, select legal-size paper from within the "Print Setup" dialog box from within the Acrobat Reader. Having troubles viewing the PDF's on Firefox? Try installing a pdf plugin like PDF Viewer. Content in this email is Copyright LT Systems, L.L.C. All rights reserved. 7