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Serving
Mississippi Agencies

Step 5

Item No. 2 of Schedule A shows the estate or interest to be insured. In the event this interest is not "Fee Simple," it will be necessary to modify or delete the phrase "Fee Simple", inserting a description of the estate actually to be insured.

If different estates are to be insured in the same policy, Items 2, 3, and 4 of Schedule A must show them properly defined and vested. As an example, the commitment might show:

  • "Fee Simple as to Parcel No. 1"
  • "Easement Estate as to Parcel No. 2"
  • "Leasehold Estate as to Parcel No. 3"

2. The estate or interest in the land described or referred to in this Commitment and covered herein is: 2. The estate or interest in the land described or referred to in this Commitment and covered herein is: Fee Simple

3. Title to said estate or interest in said land is at the effective date hereof vested in: Schedule A, Item No 23. Title to said estate or interest in said land is at the effective date hereof vested in: Schedule A, Item No 2

Samples

2. The estate or interest in the land described or referred to in this Commitment and covered herein is: Leasehold

3. Title to said estate or interest in said land is at the effective date hereof vested in: Life Estate