We are in the process of completing a lot split (1 lot into 2) with the SB9 process. The City approved the subdivision and recorded a document with the restrictions. Interestingly, they did not specify a need to file a final Parcel Map on the document - which we have not done yet. I got a call from an underwriter who sends me the approval and names it "Recorded 2026 Survey.pdf". Then he wants a "metes and bounds" legal description of the two new properties for some sort of Title Endorsement Agreement. I believe it has something to do with maintaining a loan position.
I don't see how I can write a proper legal description of a property not yet subdivided. And I don't want someone to use it for a purpose that may cloud the title.
SB9 Lot Split Procedures - Loans
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kwilson
- Posts: 141
- Joined: Wed Feb 18, 2009 10:02 pm
- Location: Los Gatos, CA
- Contact:
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kwilson
- Posts: 141
- Joined: Wed Feb 18, 2009 10:02 pm
- Location: Los Gatos, CA
- Contact:
Re: SB9 Lot Split Procedures - Loans
Forgot to Attach the files
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Bob Bronkall
- Posts: 2
- Joined: Wed Sep 04, 2024 8:35 am
Re: SB9 Lot Split Procedures - Loans
On the recorded 2026 survey.pdf; see .pdf page 11, Item No. 2: The project requires that a Parcel Map to be filed.
Bob Bronkall, PLS
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wingding
- Posts: 84
- Joined: Sun May 10, 2015 9:04 am
Re: SB9 Lot Split Procedures - Loans
I've done this in the past year.
I just did a description of each parcel as a portion of the original deed.
No Plat was required. Just an exercise in my opinion.
The final parcel map recorded without problems.
I just did a description of each parcel as a portion of the original deed.
No Plat was required. Just an exercise in my opinion.
The final parcel map recorded without problems.