Author: Roger Therien

State: California

Form:		CLTA Form 101	Date: January 1, 1993

Subject:	This Endorsement insures a Lender concerning loss of its priority over mechanic's liens arising from commencement of construction prior to the recording of its mortgage. It is intended to be issued with a CLTA Policy insuring a Lender only.

Requirements for Issuance:

1.	Review chain of title to confirm absence of mechanic's liens recorded within the past year; and

2.	Confirm by inspection on Date of Policy that there is currently no work in progress nor has there been recent construction within the prior 90 days; and

3.	If property is other than vacant land, obtain an Owner's Declaration; or

4.	Obtain appropriate management approval for an indemnity if there are unreleased mechanic's liens of record, work in progress or recently completed construction.

Preparation Instructions:

A.	Insert paragraph number where insured mortgage is shown in Part Two of Schedule B when issuing this Endorsement with a CLTA Policy; delete “of Part Two” and change reference to Schedule A if issuing with an ALTA Policy.