Preliminary Reports. Preliminary Reports may be requested by the City for reasons other than anticipation of receiving title insurance coverage. When CITY requests a Preliminary Report for informational purposes, the fee for the report will be $250 per parcel reported. Within 24 months from issuance of the Preliminary Report, if the CITY decides to acquire title insurance on the parcel/parcels, the full amount charged for the Preliminary report will be credited to the premium.
Appears in 2 contracts
Sources: Consulting Agreement, Consulting Agreement