In general, the following exceptions should be used when insuring property with a party wall:
1.
Where survey shows party wall, but there is no recorded
agreement:
“Party wall and rights of others in and to
the party walls, as shown by
survey by _________________, dated ___________________.”
2. Where deed indicates existence of party wall:
“Party wall
as set out in deed recorded in Book ____, Page_______.”
3. Where many deeds refer to party wall:
“Party wall
as set out in deed recorded in Book ____, Page _______ and various other deeds
of record.”
4.
Where agreement recorded setting forth the interests and
liabilities of Parties thereto:
“Party wall agreement
relating to the party wall located on said property, recorded in Book ____, Page
______.”