There are certain types of transactions that involve extra-hazardous risks and must always be submitted to the Company for approval prior to insuring. They are as follows:
through (a) an unforeclosed tax deed, (b) a sheriff's deed under an
execution sale, (c) a federal marshal's deed under an execution sale or
seizure, (d) a sale by the Commissioner of the Internal Revenue Service for
unpaid federal taxes, and (e) other similar sales.
Title to land now under or formerly under navigable waters.
Title to air space where separated from title to the soil.
Title by adverse possession.
Title to easements in gross, that is, easements that do not run with the
land. Title to contracts to purchase or options to purchase.