HomeMy WebLinkAboutL_Title Report (8-1-16)-WA-DIRECT
First American Title Insurance Company
920 5th Avenue, Suite 1250
Seattle, WA 98104
August 02, 2022
Metro Area Title Team
11400 SE 8th Street, Suite 250, Bellevue, WA 98004
Fax No. (425) 635-2101
EastsideTitleTeam@firstam.com
Recording Department
Email: recording.wa@firstam.com
Tim Daniels Gayle Douce Jessica Smith
tdaniels@firstam.com gdouce@firstam.com jessmith@firstam.com
(425) 635-2100 (425) 635-2100 (425) 635-2205
Order Number: 4209-3980051
Please send all recording packages to 920 5th Avenue, Suite 1250, Seattle, WA 98104
Seller: Tsai
Property: 2223 NE 23rd St
Renton, WA 98056
Attached please find the following item(s):
ALTA Commitment for Title Insurance
Thank you for your confidence and support. We at First American Title Insurance Company maintain the
fundamental principle:
Customer First!
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 2 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
Schedule A
ALTA Commitment for Title Insurance
ISSUED BY
First American Title Insurance Company
File No: 4209-3980051
Transaction Identification Data for reference only:
Issuing Agent: First American Title Insurance Company Issuing Office: 920 5th Avenue, Suite 1250, Seattle, WA
98104
Issuing Office's ALTA® Registry ID: Issuing Office File No.: 4209-3980051
Commitment No.: 4209-3980051
Property Address: 2223 NE 23rd St, Renton, WA 98056
Revision No.:
SCHEDULE A
1. Commitment Date: July 26, 2022 8:00 AM
2. Policies to be issued:
(A) Eagle Owner's Policy
Homeowner's Rate
Proposed Insured: To Follow
Proposed Policy Amount: $To Follow Premium: $To Follow Tax: $To Follow
(B) ALTA Extended Loan Policy
Purchase Money Loan Rate
Proposed Insured: To Follow
Proposed Policy Amount: $To Follow Premium: $To Follow Tax: $To Follow
3. The estate or interest in the Land described or referred to in this Commitment is
Fee Simple
4. The Title is, at the Commitment Date, vested in: DONALD TSAI, AN UNMARRIED PERSON AND
ANDREW TSAI, AN UNMARRIED PERSON
5. The Land is described as follows:
See Exhibit "A" attached hereto and made a part hereof
FIRST AMERICAN TITLE INSURANCE COMPANY
Tim Daniels, Title Officer
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 3 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
Schedule BI & BII
ALTA Commitment for Title Insurance
ISSUED BY
First American Title Insurance Company
File No: 4209-3980051
SCHEDULE B, PART I
Requirements
All of the following Requirements must be met:
1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in
this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The
Company may then make additional Requirements or Exceptions.
2. Pay the agreed amount for the estate or interest to be insured.
3. Pay the premiums, fees, and charges for the Policy to the Company.
4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured,
or both, must be properly authorized, executed, delivered, and recorded in the Public Records.
5. The marital status of the vested owner described in Paragraph 4 of Schedule A is consistent with the
marital status identified in the most current instrument vesting Title. First American Title Insurance
Company does not represent that this is the current marital status of the vested owner. The current
marital status of the vested owner should be provided to the Company prior to closing. Additional
requirements may be imposed based upon any change in marital status since the recording of the
current vesting deed.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 4 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
Schedule BI & BII (Cont.)
ALTA Commitment for Title Insurance
ISSUED BY
First American Title Insurance Company
File No: 4209-3980051
SCHEDULE B, PART II
Exceptions
THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION
CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE
SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FED ERAL LAW
BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP,
FAMILIAL STATUS, OR NATIONAL ORIGIN.
The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or
easement identified in Schedule A, and will include the following Exceptions unless cleared to the
satisfaction of the Company:
1. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the
Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on
which all of the Schedule B, Part I-Requirements are met.
2. Taxes or assessments which are not shown as existing liens by the records of any taxing authority
that levies taxes or assessments on real property or by the Public Records.
3. Any facts, rights, interests, or claims which are not shown by the Public Records but which could be
ascertained by an inspection of the Land or by making inquiry of persons in possession thereof.
4. Easements, claims of easement or encumbrances which are not shown by the Public Records.
5. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which
a correct survey would disclose, and which are not shown by the Public Records.
6. (A) Unpatented mining claims; (B) Reservations or exceptions in patents or in Acts authorizing the
issuance thereof; (C) Water rights, claims or title to water; whether or not the matters excepted
under (A), (B) or (C) are shown by the Public Records; (D) Indian Tribal Codes or Regulations, Indian
Treaty or Aboriginal Rights, including easements or equitable servitudes.
7. Any lien, or right to a lien, for services, labor or materials or medical assistance heretofore or
hereafter furnished, imposed by law and not shown by the Public Records.
8. Any service, installation, connection, maintenance, construction, tap or reimbursement charges/costs
for sewer, water, garbage or electricity.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 5 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
9. Lien of Real Estate Excise Tax upon sale of said premises, or transfer of a controlling interest, if
unpaid. As of the date herein, the excise tax rates are as follows:
Levy/Area Code: 2100
State Excise Tax for real property classified as Timberland (RCW 84.34 or RCW 84.33) or Agricultural
land (RCW 84.34.020):
1.28% of the selling price
All other State Excise Tax:
1.10% of the selling price less than or equal to $500,000.00
1.28% of the selling price from $500,000.01 to $1,500,000.00
2.75% of the selling price from $1,500,000.01 to $3,000,000.00
3.00% of the selling price over $3,000,000.00
Local Excise Tax for City of Renton:
.50% of the selling price
In addition to the Excise Tax due, a fee of $5.00 will be charged on all taxable transactions ($10.00
on all exempt transactions)
10. General Taxes for the year 2022. The first half becomes delinquent after April 30th. The second half
becomes delinquent after October 31st.
Tax Account No.: 034570018001
1st Half
Amount Billed: $ 2,374.47
Amount Paid: $ 2,374.47
Amount Due: $ 0.00
Assessed Land Value: $ 292,000.00
Assessed Improvement Value: $ 132,000.00
2nd Half
Amount Billed: $ 2,374.47
Amount Paid: $ 0.00
Amount Due: $ 2,374.47
Assessed Land Value: $ 292,000.00
Assessed Improvement Value: $ 132,000.00
11. Deed of Trust and the terms and conditions thereof.
Grantor/Trustor: Donald Tsai and Andrew Tsai, Each as their Respective Separate
Estates
Grantee/Beneficiary: Mortgage Electronic Registration Systems, Inc., ''MERS'' solely as a
nominee for Lo Inc., DBA Reliance Mortgage Inc., its successors and
assigns
Trustee: Chicago Title
Amount: $239,500.00
Dated: June 01, 2016
Recorded: June 10, 2016
Recording Information: 20160610000400
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 6 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
A document recorded September 13, 2021 as 20210913001842 of Official Records provides that
Wells Fargo National Bank West was substituted as trustee under the deed of trust.
We question the effect, if any, and the validity of the certain Deed of Reconveyance recorded under
Recording No. 20210913001843.
Note: The Company will require satisfactory proof of full payment of the debt secured by said
mortgage or deed of trust prior to removing this exception or insuring the contemplated transaction.
12. The land described in this commitment appears to be residential in nature and may be subject to the
provisions of R.C.W. 6.13.010, et seq. (Homestead Statute) if the land is occupied as a primary
residence. If the land is occupied as a primary residence, R.C.W. 6.13.060 requires that all
documents conveying or encumbering the land must be executed by each spouse or domestic
partner, individually. Alternatively, the Company will accept a deed identifying the non-vested spouse
occupying the property as the grantor and the vested spouse as the grantee. In the event that the
Company receives documents to insure that are not executed as required, the Company may be
unable to record or to insure the transaction. Please contact your Title Officer if you have any
questions.
13. Easement, including terms and provisions contained therein:
Recording Information: 8012300383
In Favor of: Washington Natural Gas Company
For: Gas pipeline or pipelines
14. Covenants, conditions, restrictions and/or easements; but deleting any covenant, condition or
restriction indicating a preference, limitation or discrimination based on race, color, religion, sex,
handicap, family status, or national origin to the extent such covenants, conditions or restrictions
violate Title 42, Section 3604(c), of the United States Codes:
Recording Information: 8008130573
15. Any and all offers of dedication, conditions, restrictions, easements, boundary discrepancies or
encroachments, notes and/or provisions shown or disclosed by Short Plat or Plat of Azalea
East recorded in Volume 115 of Plats, Page(s) 55-56.
16. Easement, including terms and provisions contained therein:
Recording Information: 20080516001742
For: Utilities Easement
17. This transaction may be subject to a Geographic Targeting Order ("GTO") issued pursuant to the
Bank Secrecy Act. Information necessary to comply with the GTO must be provided prior to the
closing. This transaction will not be insured until this information is submitted, reviewed and found to
be complete.
18. This transaction may be subject to a Geographic Targeting Order ("GTO") issued pursuant to the
Bank Secrecy Act. Information necessary to comply with the GTO must be provided prior to the
closing. This transaction will not be insured until this information is submitted, reviewed and found to
be complete.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 7 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
INFORMATIONAL NOTES
A. Effective January 1, 1997, and pursuant to amendment of Washington State Statutes relating to
standardization of recorded documents, certain format and content requirements must be met (refer
to RCW 65.04.045). Failure to comply may result in rejection of the document by the recorder or
additional fees being charged, subject to the Auditor's discretion.
B. Any sketch attached hereto is done so as a courtesy only and is not part of any title commitment or
policy. It is furnished solely for the purpose of assisting in locating the Land and First American
expressly disclaims any liability which may result from reliance made upon it.
C. The description can be abbreviated as suggested below if necessary to meet standardization
requirements. The full text of the description must appear in the document(s) to be insured.
LOT 18, AZALEA EAST, VOL. 115, P. 55-56, KING COUNTY
APN: 034570018001
Property Address: 2223 NE 23rd St, Renton, WA 98056
D. Potential charges, for the King County Sewage Treatment Capacity Charge, as authorized under RCW
35.58 and King County Code 28.84.050. Said charges could apply for any property that connected to
the King County Sewer Service area on or after February 1, 1990. Note: Properties located in
Snohomish County may be subject to the King County Sewage Treatment Capacity Charges.
E. The following deeds affecting the property herein described have been recorded within 36 months of
the effective date of this commitment: NONE
F. All matters regarding extended coverage have been cleared for mortgagee's policy. The coverage
contemplated by this paragraph will not be afforded in any forthcoming owner's standard coverage
policy to be issued.
NOTE: The forthcoming Mortgagee's Policy will be the ALTA 2006 Policy unless otherwise noted on
Schedule A herein.
NOTE: We find no judgments or Federal tax liens against the vestee herein, unless otherwise shown as a
numbered exception above.
NOTE: A FEE MAY BE CHARGED UPON THE CANCELLATION OF THIS COMMITMENT PURSUANT TO
WASHINGTON STATE INSURANCE CODE AND THE FILED RATE SCHEDULE OF THIS COMPANY.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 8 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
Commitment
ALTA Commitment for Title Insurance
ISSUED BY
First American Title Insurance Company
File No: 4209-3980051
COMMITMENT FOR TITLE INSURANCE
Issued By
FIRST AMERICAN TITLE INSURANCE COMPANY
NOTICE
IMPORTANT-READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE
POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS
COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT.
THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION,
OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE
COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE
PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO
EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED.
THE COMPANY'S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED
IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE
COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER
PERSON.
COMMITMENT TO ISSUE POLICY
Subject to the Notice; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions; and the Commitment Conditions,
First American Title Insurance Company, a Nebraska Corporation (the "Company"), commits to issue the Policy
according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date
shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the
specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured.
If all of the Schedule B, Part I-Requirements have not been met within six months after the Commitment Date, this
Commitment terminates and the Company's liability and obligation end.
If this jacket was created electronically, it constitutes an original document.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 9 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
COMMITMENT CONDITIONS
1. DEFINITIONS
(a) “Knowledge” or “Known”: Actual or imputed knowledge, but not constructive notice imparted by the Public Records.
(b) “Land”: The land described in Schedule A and affixed improvements that by law constitute real property. The term “Land”
does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or
easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent
that a right of access to and from the Land is to be insured by the Policy.
(c) “Mortgage”: A mortgage, deed of trust, or other security instrument, including one evidenced by electronic means authorized
by law.
(d) “Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by
the Company pursuant to this Commitment.
(e) “Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this
Commitment.
(f) “Proposed Policy Amount”: Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be
issued pursuant to this Commitment.
(g) “Public Records”: Records established under state statutes at the Commitment Date for the purpose of imparting constructi ve
notice of matters relating to real property to purchasers for value and without Knowledge.
(h) “Title”: The estate or interest described in Schedule A.
2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue
Policy, this Commitment terminates and the Company’s liability and obligation end.
3. The Company’s liability and obligation is limited by and this Commitment is not valid without:
(a) the Notice;
(b) the Commitment to Issue Policy;
(c) the Commitment Conditions;
(d) Schedule A;
(e) Schedule B, Part I—Requirements; and
(f) Schedule B, Part II—Exceptions.
4. COMPANY’S RIGHT TO AMEND
The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien,
encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the
Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment.
5. LIMITATIONS OF LIABILITY
(a) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the
interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended
Commitment, resulting from the Proposed Insured’s good faith reliance to:
(i) comply with the Schedule B, Part I—Requirements;
(ii) eliminate, with the Company’s written consent, any Schedule B, Part II—Exceptions; or
(iii) acquire the Title or create the Mortgage covered by this Commitment.
(b) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had
Knowledge of the matter and did not notify the Company about it in writing.
(c) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the
expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured.
(d) The Company’s liability shall not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and
described in Commitment Conditions 5(a)(i) through 5(a)(iii) or the Proposed Policy Amount.
(e) The Company shall not be liable for the content of the Transaction Identification Data, if any.
(f) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B,
Part I—Requirements have been met to the satisfaction of the Company.
(g) In any event, the Company’s liability is limited by the terms and provisions of the Policy.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 10 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT
(a) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.
(b) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment.
(c) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the parties with
respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and
proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment.
(d) The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to provide
coverage beyond the terms and provisions of this Commitment or the Policy.
(e) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the
Company.
(f) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be
under the Policy.
7. IF THIS COMMITMENT HAS BEEN ISSUED BY AN ISSUING AGENT
The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The
issuing agent is not the Company’s agent for the purpose of providing closing or settlement services.
8. PRO-FORMA POLICY
The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company
may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed
Insured, nor is it a commitment to insure.
9. ARBITRATION
The Policy contains an arbitration clause. All arbitrable matters when the Proposed Policy Amount is $2,000,000 or less shall be
arbitrated at the option of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured
may review a copy of the arbitration rules at http://www.alta.org/arbitration.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not
valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part
II-Exceptions.
Copyright 2006-2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses
are prohibited. Reprinted under license from the American Land Title Association.
Form 50003700WA (8-23-18) Page 11 of 11 ALTA Commitment for Title Insurance (8-1-16)
Washington
Exhibit A
ISSUED BY
First American Title Insurance Company
File No: 4209-3980051
File No.: 4209-3980051
DONALD TSAI, AN UNMARRIED PERSON AND ANDREW TSAI, AN UNMARRIED PERSON
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF KING, STATE OF WA, AND IS DESCRIBED
AS FOLLOWS:
LOT 18, AZALEA EAST, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 115 OF PLATS, PAGES 55 AND 56,
IN KING COUNTY, WASHINGTON.
034570018001
2223 NE 23rd St
Renton, Washington 98056
Page 1 of 1
First American Title Insurance Company
920 5th Avenue, Suite 1250
Seattle, WA 98104
Phn - (206)728-0400 (800)826-7718
Fax -
Metro Area Title Team
11400 SE 8th Street, Suite 250, Bellevue, WA 98004
Fax No. (425) 635-2101
EastsideTitleTeam@firstam.com
Recording Department
Email: recording.wa@firstam.com
Tim Daniels Kaylee Colwell Rebecca Houghton
tdaniels@firstam.com kcolwell@firstam.com rhoughton@firstam.com
(425) 635-2100 (425) 732-4814 (425) 305-3547
File No.: 4209-3980051
Customer Reference: 2223 NE 23rd St,
Renton, WA 98056
Re: Property Address: 2223 NE 23rd St, Renton, WA 98056
Supplemental Report 1
Dated: June 26, 2023 at 8:00 A.M.
Commitment/Preliminary Report No. 4209-3980051 dated as of July 26, 2022 (including any
supplements or amendments thereto) relating to the issuance of an American Land Title Association Form
Policy is hereby modified and/or supplemented as follows:
Paragraph no.(s) 16 of our Commitment/Preliminary Report has/have been eliminated.
First American Title Insurance Company
Tim Daniels, Title Officer