Guideline: NM 68 Endorsement -Indirect Access and Entry

Explanation:

This endorsement to the Owner's or Loan Policy is used when legal access is provided by an easement described in Schedule A. This Endorsement insures: (1) that the insured easement provides access to a named Street, (2) that the Street is physically open and publicly maintained, (3) that the easement provides actual pedestrian and vehicular access, and (4) that the insured has a right to use existing curb cuts along the Street abutting the easement.

Underwriting Requirements:

We require the following:

1. Verify by examination, survey, review of available maps or inspection that the easement abuts and provides actual pedestrian and vehicular access to the Street.

2. Verify by survey, review of available maps or inspection that the Street appears to be physically open and publicly maintained.

3. Verify by survey, review of available maps or inspection that existing curb cuts along the easement provide actual access for the land to the Street.

4. Issue only if the land has existing improvements in use.  Do not issue on unimproved land, unless you secure Stewart Title Guaranty Company underwriter approval.