Extended coverage and endorsements
Commercial owners and lenders usually want extended coverage, which removes standard exceptions for survey matters and unrecorded rights, and endorsements for things like zoning, access, contiguity and tax parcels.
Surveys
Extended coverage typically requires a current ALTA/NSPS land title survey so the policy can insure over boundary and access questions.
1031 exchanges
Investment property sold as part of a 1031 exchange closes with a qualified intermediary holding the proceeds. The settlement statements and assignment documents need to line up with the exchange.
Common questions
How long is a title insurance policy good for?
An owner's policy lasts as long as the insured owns the property. A loan policy lasts until the loan is paid off.