Title Insurance: Access to a Public Street or Road & Subdivision Map Act Legality: The devils in the details for landlocked property
One of the “basic insuring clauses” (see below) of California Land Title Association (CLTA) and American Land Title Association (ALTA) Title Insurance Policies is access to a public street or road. Without that access, the property would be “landlocked”. Common sense tells most real estate buyers that buying a “landlocked” parcel is very not a good thing.
Yes, Dorothy, your parcel can be landlocked in California! [Read more…]