Question

A 100 endorsement coves:

1) violation of CCR's
2) mechanics lien insurance
3) assignment of a beneficial interest in a deed of trust
4) property address

Answer 1

A 100 endorsement covers violations of CCR's, mechanics lien insurance, assignment of a beneficial interest in a deed of trust, and the property address.

Step-by-step explanation:

A 100 endorsement covers all of the options mentioned in the question. Let's break them down:

1. Violation of CCRs: A 100 endorsement provides coverage for a violation of Covenants, Conditions, and Restrictions. These are rules and regulations that govern the use and maintenance of a property in a homeowner's association.
2. Mechanics lien insurance: This endorsement offers protection against mechanics liens, which are claims filed by contractors or subcontractors against a property for unpaid services or materials.
3. Assignment of a beneficial interest in a deed of trust: A 100 endorsement can also cover the assignment of a beneficial interest in a deed of trust. This means that if someone transfers their beneficial interest in a property loan to another party, the endorsement will provide coverage.
4. Property Address: Lastly, a 100 endorsement typically includes coverage for the specific property address mentioned in the policy.