Judgments: Underwriting Guidelines

A thorough search of the appropriate records must be made to ascertain all judgments and similar liens which affect the property to be insured. Any adverse matters found must be satisfied or subordinated to the insured mortgage or shown as exceptions in both the commitment and title policy as follows:

 

A Judgment dated ____, against ____, defendant, in favor of ____, plaintiff, in the original amount of ____, recorded ____, records of ____ County/Parish, State of ____.