Glossary of Endorsements

ENDORSEMENT FORM 102.5

Provides lender with assurance that the foundation is within the boundaries of the security land, that their location does not violate particular covenants, conditions and restrictions, and that the foundations do not encroach onto easements.


Endorsement 102.5 is identical to the 102.4 except for additional assurance afforded to the insured that the foundations do not encroach onto any easements referred to in Schedule B.