Fidelity National Title Insurance Company, NCS

ALTA ENDORSEMENTS - 4 - SAMPLES AND DESCRIPTIONS ZONING – FORM 3 ALTA Endorsement — Form 3 ALTA Endorsement — Form 3 is available for owner’s and loan policies. The endorsement is appropriate for both vacant and improved land. It provides insurance as to the zoning classification in which the Land is located and the uses permitted in that zone. The endorsement also insures against loss if any of those uses are prohibited by a court order that invalidates the zoning ordinance. However, the endorsement provides that there shall be no liability based on the invalidity of zoning ordinance until after a final decree of a court of competent jurisdiction adjudicates the invalidity of the ordinance, the effect of which is to prohibit the specified use or uses. The endorsement does not insure against loss suffered because the Land cannot be sold or mortgaged due to any zoning problem. Lack of compliance with zoning conditions and restrictions and the failure to obtain needed consents and authorizations are also not within the scope of the endorsement’s coverage. Though the requirements for the issuance of this endorsement vary from jurisdiction to jurisdiction and may include an outside attorney’s opinion, generally the Company will need to review a current and complete zoning map and zoning ordinance of the applicable municipality or township. A statement of the current and intended use of the Land may be requested from the owner or purchaser. Additional clearance materials and/or possible modifications to the endorsement may be necessary if the Land is being used for a non-conforming or special use, lies within a planned development, or was recently annexed by the applicable municipality. ALTA Endorsement — Form 3 (Zoning – 07/01/2021) Form 3 Zoning – Unimproved Land