Minerals and Other Subsurface Substances – Land Under Development – (ALTA 35.3-06, CLTA 140.3-06)
Provides indemnity against enforced removal or alteration of improvements, as defined in the endorsement, located on the land future improvements, as defined in the endorsement, because of the exercise of an existing right to use the surface of the Land for extraction or development of minerals. Project plans must be submitted to First American underwriting counsel for approval.
ALTA_Endorsement_35.3-06[1] ALTA 35.3-06,
CLTA 140.3-06