Reversionary Clauses

Reversionary Clauses: Underwriting Guidelines

Reversionary clauses, no mater how designated (reverters, rights of reentry, etc.), preferably should be set out verbatim in Schedule B of the commitment or policy. Although it would be the Company’s position that a reversionary clause has been sufficiently incorporated into the exceptions from coverage by a mere reference to the Restrictive Covenants in which it appears, the Company believes that it is a better business practice to set out such a drastic exception from coverage in detail.


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