Where fee simple title is vested in undivided interests and you are requested to insure the undivided interest of fewer than all the co-owners, the following exception should be taken in both the commitment and Schedule B-1 of the title policy:
“Rights and claims of co-tenants and co-owners of the insured estate and rights of anyone claiming under them, including but not limited to rights and claims for partition, improvements, reimbursement, contribution, creditors claims, and any and all agreements between co-tenants or co-owners, recorded or unrecorded.”