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Agenda_Packet_2026-03-17
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Agenda_Packet_2026-03-17
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3/11/2026 10:59:45 AM
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City Clerk
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Agenda Packet
Date
3/17/2026
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EXHIBIT B <br />Commonwealth" <br />n I AND TITI F : ONIPANY <br />Commonwealth Land Title will provide all title and escrow related services for the city's various <br />Capital Improvement and Public Works projects under the direction of City staff. <br />Services will be provided on an as needed basis. Our timely services include but are not limited to: <br />1. Issuance of new Preliminary Title Reports <br />2. The Updating of existing Preliminary Title Reports <br />3. Issuance of Litigation Guarantees <br />4. Issuance of Continuation Endorsements on previously issued Litigation Guarantees <br />5. Issue CLTA and ALTA insurance policies as requested <br />8. Issue any and all needed CLTA & ALTA Endorsements <br />7. Copies of all Deeds, Maps, and other related Documents <br />8. Access to our on-line property information webs ite <br />9. The creation of Title Chain's going back to a predetermined amount of time <br />10. Opening and reviewing all purchase and sale agreements entered into escrow. <br />11. Created deeds and draw up documents as requested per the city <br />12. Send opening packages within 24 hours of opening Escrow along with estimated closing <br />statements. <br />13. Coordinate closings with all parties involved insuring both opening package and closing <br />packages are executed properly. <br />14. Disperse funds to named parties and benefactors of each closing and provide final closing <br />statements. <br />15. User Name and ID's for the City to access our Online Virtual file system. <br />ill , of Gontrols/Quali Assura.togYLQo=AatLAPp-achsoTaskw. <br />Commonwealth Title is part of the Fidelity National Financial family. Our division has the unique <br />ability to underwrite transactions for ourselves, differentiating us from the many other title <br />companies in this market. Commonwealth is a member of CLTA and adheres to the highest <br />standards and practices in the industry. <br />Projects and requests are handled internally within our Commonwealth Title's Major Accounts <br />Division. The Commonwealth Team mentioned above, and their associates have access to two <br />state of the art title plants located in Colton, CA and Sun Valley, CA. With over 150 years combined <br />experience in the title industry, the Commonwealth Team possesses the knowledge and resources <br />to search properties back to the earliest recorded transaction date. <br />City Council 12 — 138 3/17/2026 <br />
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