Mechanics’ Liens, Notice of Completion – (CLTA 101.13-06)

Provides coverage to a Lender concerning mechanics’ liens which may arise from recent construction as disclosed by a recorded Notice of Completion; expressly excludes loss which may arise because of another’s refusal to acquire an interest in the land (e.g., a “take-out” lender).

clta101.13-06 CLTA 101.13-06