2.14 COMBINED TITLE AND ESCROW SERVICES

When the Company provides both Title Insurance and Escrow Services in conjunction with the sale of a one-to-four family residential dwelling, the buyer and the seller in the transaction will be entitled to a discount equal to 10% of the applicable charge or rate for Title Insurance Policies and/or Escrow Services they would customarily be charged as set forth in Parts II and III herein.

 

2.15 FIRST TIME BUYER(S)*

When a “First Time Buyer” is acquiring an owner occupied one-to-four family residential dwelling, the buyer(s) will be entitled to a discount equal to 25% of the basic rate which they would be charged for Title Insurance Policies as set forth in Parts II and III herein.

 

SENIOR CITIZEN RATE*

When a “Senior Citizen” (i.e.-at least 55 years of age) is selling an owner occupied one-to-four family residential dwelling, the seller will be entitled to a discount equal to 25% of the basic rate which they would be charged for Title Insurance Policies as set forth in Part II and III herein.

 

2.17 U.S. MILITARY RATE*

When an active, honorably separated or retired member of the United States Military or Military Reserves is acquiring or selling an owner occupied one-to-four family residential dwelling, they will be entitled to a discount equal to 25% of the basic rate which they would be charged for Title Insurance Policies as set forth in Parts II and III herein.

 

2.18 PREVIOUS TITLE POLICY DISCOUNT

(Applies to all Counties except Los Angeles.)

When an owner is selling or refinancing a one-to-four family residential dwelling located outside of Los Angeles County, and provides the Company with a copy of their previous Owners Policy of Title Insurance, the owner will be entitled to a discount equal to 10% of the applicable charge or rate for Title Insurance Policies which they would customarily be charged as set forth in Parts II and III herein. Policy copy must be furnished to the Company at the time of application.

 

*Note: To qualify for the rates set forth in sections 2.14, 2.15, 2.16 and 2.17 above, the company will require appropriate proof of eligibility from the parties to the transaction verifying they are entitled to the discount as described. No other discounts or special rates, or combination of discounts or special rates, shall be applicable.